Altcoin
An informal market term commonly used for cryptocurrencies other than bitcoin, with boundaries that vary between speakers.
Also known as altcoins
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Explore digital assets, token models and the mechanisms that shape their use and risks.
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8 terms
An informal market term commonly used for cryptocurrencies other than bitcoin, with boundaries that vary between speakers.
Also known as altcoins
A digital asset used for value exchange whose transfers and records are governed by cryptographic mechanisms and a blockchain or other distributed ledger.
Also known as cryptocurrencies
Government-issued money, such as the euro or US dollar, whose monetary framework is not based on a promise to redeem each unit for a fixed commodity quantity.
Also known as fiat money
A blockchain token identified individually rather than treated as interchangeable with every other token of the same type.
Also known as NFT, NFTs
A US dollar-referenced stablecoin branded by PayPal and issued by Paxos, with backing and redemption governed by the issuer’s terms.
Also known as PYUSD
A cryptoasset designed to track a reference value, commonly a currency, through a specified backing or stabilization mechanism.
Also known as stablecoins
A US dollar-referenced token issued by Tether, intended to track one US dollar under the issuer’s reserve and redemption arrangements.
Also known as USDT
A US dollar-referenced stablecoin issued by Circle, designed for one-to-one redemption under the issuer’s applicable terms.
Also known as USD Coin