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
Liquidity
How easily an asset can be bought or sold without moving its price. Thin liquidity is…
Data breach
An incident in which personal or confidential data is accessed without authorisation. Most jurisdictions require disclosure…
NFT
A token recording ownership of a specific item rather than an interchangeable unit. What the holder…
Valuation
An estimate of what a business is worth, usually derived from earnings, revenue or comparable companies.…