Stablecoin Infrastructure Glossary
Layer 1 Blockchain
A Layer 1 blockchain is the base network responsible for validating and recording transactions.
Explanation
Layer 1 networks provide the core infrastructure for blockchain systems, including consensus mechanisms and data storage.
Why it matters
Stablecoins are typically issued directly on Layer 1 networks.
Example
Ethereum and Solana are examples of Layer 1 blockchains.
Related terms