Glossary Crypto & Web3
Stablecoin
A token designed to hold a steady value, usually one US dollar, by holding reserves or by algorithm. Reserve quality is the thing to watch: a stablecoin is only as sound as whatever is meant to be backing it.
More from the glossary
Spot ETF
An exchange-traded fund that holds the asset itself rather than futures contracts on it. A spot…
Yield
The income an investment returns, expressed as a percentage of its price. Bond yields move inversely…
Merger and acquisition
One company combining with or buying another. Deals of any size usually need clearance from competition…
Bond
A loan to a government or company that pays interest and returns the principal at maturity.…
