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
Yield
The income an investment returns, expressed as a percentage of its price. Bond yields move inversely…
Altcoin
Any cryptocurrency other than Bitcoin. The label spans serious infrastructure projects and outright jokes, so it…
Ceasefire
An agreement to stop fighting, which may be temporary, local or conditional. It is a pause…
API
An application programming interface: a defined way for one piece of software to ask another for…

