Cryptocurrency Glossary

An independent report providing assurance about a stablecoin issuer's reserves at a point in time. Attestations are not…

The ability to block specific addresses from transferring or receiving a token, usually implemented by contract logic o…

Destroying token units to reduce supply. Stablecoin redemptions often burn tokens when the issuer returns reserve asset…

Assets posted to secure an obligation or maintain a peg. In crypto, collateral can be fiat, crypto, or tokenized assets…

A regulated entity that holds assets on behalf of others, such as stablecoin reserves. Custodianship affects operationa…

A stablecoin backed by traditional financial assets (cash, cash equivalents, short-term treasuries) held by an issuer. …

Preventing an address's tokens from being transferred, often via contract-level controls. Freezing is a centralized con…

A tokenized credit representation issued by an entity, representing a claim on an underlying asset. IOUs appear in some…

Creating new token units, often in exchange for collateral or deposits. Stablecoin issuers mint tokens when users depos…

A target exchange rate between a stablecoin and its reference asset, such as 1 token = 1 USD. Maintaining a peg typical…

The process of exchanging stablecoin tokens for underlying reserve assets (e.g. USD) at a defined rate. Redemption abil…

Assets held to support a stablecoin's value, often used to redeem stablecoins for the reference asset. Reserve composit…

A token designed to maintain a stable value relative to a reference asset, often a fiat currency like USD. Stability me…