Insights on Crypto Payments, Infrastructure, and Operations

Glossary terms starting with S

Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.

Split Payout

A split payout divides one payable amount or payout event among multiple beneficiaries or destinations. It is used for revenue sharing, commissions,…

Split Settlement

Split settlement distributes settlement proceeds among multiple accounts, participants, currencies, assets, or settlement dates according to defined rules. It can occur at…

Sponsored Transaction

A sponsored transaction is a blockchain transaction whose network fee is paid or reimbursed by someone other than the user authorizing the…

Spot Price

Spot Price is the current price for buying or selling an asset for immediate or near-immediate delivery and settlement under the conventions…

Spread

Spread is the difference between two prices, rates, yields, or values that are compared for trading, pricing, funding, risk, or performance analysis.…

Stable Value Token

A stable value token is a broad term for a token designed to maintain relatively consistent value against a currency, asset, index,…

Stablecoin

A stablecoin is a crypto asset designed to track a relatively stable reference value, often a fiat currency such as the US…

Stablecoin Administrator

Stablecoin Administrator is the person, entity, governance system, or privileged role responsible for one or more administrative functions such as issuance, redemption,…

Stablecoin Allocation

Stablecoin Allocation is the target or actual distribution of stablecoin value across issuers, tokens, networks, custodians, wallets, and operational purposes. Stablecoin allocation…

Stablecoin Attestation Provider

A stablecoin attestation provider is an independent professional party engaged to report on specific claims about stablecoin reserves, circulating tokens or related…

Stablecoin Authorized Participant

A stablecoin authorized participant is an approved institution permitted to mint, redeem, distribute, or otherwise interact directly with a stablecoin issuer’s primary…

Stablecoin Auto-Conversion

Stablecoin Auto-Conversion is the automated exchange of incoming or held digital assets into stablecoins according to payment, treasury, or risk-management policies. Rules…

Stablecoin Collateral Ratio

A stablecoin collateral ratio compares the current value of collateral supporting a stablecoin debt position or system with the amount of stablecoins…

Stablecoin Conversion

Stablecoin conversion exchanges another currency or crypto asset into a stablecoin, or converts a stablecoin back into another asset. The actual proceeds…

Stablecoin Depeg Risk

Stablecoin depeg risk is the possibility that a stablecoin trades or redeems materially away from its intended reference value.

Stablecoin Distribution Partner

A stablecoin distribution partner is a business that helps an issuer make a stablecoin available to customers, markets, applications, or geographic regions.…

Stablecoin Eligible Reserve

A stablecoin eligible reserve is an asset that an issuer is permitted to hold as backing under its legal framework, regulatory regime,…

Stablecoin Exposure

Stablecoin Exposure is the amount and nature of financial, operational, counterparty, liquidity, regulatory, network, and depegging risk connected to stablecoin holdings or…

Stablecoin Freeze Risk

Stablecoin freeze risk is the possibility that an issuer or token-contract control prevents an address or balance from transferring, despite the holder…

Stablecoin Holding

Stablecoin Holding is a specific balance or economic position in a stablecoin attributed to an entity, account, wallet, customer, or strategy. A…

Stablecoin Invoice

A stablecoin invoice is a payment request that requires or permits settlement in a stablecoin. It specifies the commercial amount, accepted stablecoin,…

Stablecoin Issuer

A stablecoin issuer is the entity or protocol responsible for creating a stablecoin and establishing the rules for its supply, backing and…

Stablecoin Issuer Bankruptcy Risk

Stablecoin Issuer Bankruptcy Risk is the risk that insolvency, resolution, administration, or financial distress of a stablecoin issuer impairs token operations, reserve…

Stablecoin Liquidation Ratio

A stablecoin liquidation ratio is the minimum collateralization level a debt position must maintain before the protocol can liquidate its collateral. If…