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.

Stablecoin Liquidity

Stablecoin liquidity is how easily a stablecoin can be converted or redeemed at usable prices and within a practical settlement timeframe, especially…

Stablecoin Liquidity Risk

Stablecoin Liquidity Risk is the risk that a holder cannot buy, sell, transfer, or redeem a stablecoin in the required amount and…

Stablecoin Management

Stablecoin Management is the policies and operational processes used to acquire, hold, transfer, convert, reconcile, safeguard, and reduce risks associated with stablecoins.…

Stablecoin Market Price

A stablecoin market price is the price at which the token trades on exchanges, automated market makers, brokers, or over-the-counter venues.

Stablecoin Minting and Redemption

Stablecoin minting and redemption are the primary-market processes that create tokens when eligible value enters the system and remove tokens when holders…

Stablecoin Minting Partner

A stablecoin minting partner is an approved institution that helps originate stablecoin issuance by collecting eligible funds, completing required checks, submitting mint…

Stablecoin Omnibus Reserve

A stablecoin omnibus reserve is a pooled reserve arrangement in which assets backing many token holders are held collectively rather than in…

Stablecoin Oracle Price

A stablecoin oracle price is a price value supplied to smart contracts for a stablecoin or its reference asset. Protocols use it…

Stablecoin Overcollateralization Ratio

Stablecoin Overcollateralization Ratio is the percentage by which collateral value exceeds the stablecoin debt or supply it supports. A position backed by…

Stablecoin Payment

A stablecoin payment is a transfer of a stable-value token intended to settle an invoice, purchase, subscription, payroll item, remittance, debt, or…

Stablecoin Payment Link

A stablecoin payment link is a checkout URL configured to collect one or more approved stablecoins. It allows a customer to open…

Stablecoin Payout

A stablecoin payout is an outbound transfer in which a business sends a stablecoin to a customer, contractor, seller, supplier, or other…

Stablecoin Peg Stability Module

Stablecoin Peg Stability Module is a protocol facility that supports a stablecoin’s target price by allowing specified assets to be exchanged, minted,…

Stablecoin Position

A stablecoin position is an economic exposure to a stablecoin held directly or created through lending, borrowing, liquidity provision, derivatives, collateral, vaults,…

Stablecoin Price Stability Mechanism

Stablecoin Price Stability Mechanism is the set of economic, contractual, and technical controls used to keep a stablecoin near its stated reference…

Stablecoin Primary Market

The stablecoin primary market is the issuance and redemption channel between an issuer or authorized agent and eligible participants.

Stablecoin Redemption

Stablecoin redemption is the process of exchanging stablecoins for the underlying promised asset or another defined settlement claim according to an issuer's…

Stablecoin Redemption Agent

Stablecoin Redemption Agent is an authorized entity that processes or facilitates conversion of stablecoins into the referenced fiat currency, reserve asset, or…

Stablecoin Redemption Eligibility

Stablecoin Redemption Eligibility is the conditions a holder must satisfy to redeem a stablecoin directly through its issuer or an authorized agent.

Stablecoin Redemption Fee

A stablecoin redemption fee is a charge that may apply when eligible holders exchange issued stablecoin units for the issuer's redemption asset,…

Stablecoin Redemption Price

The stablecoin redemption price is the rate an eligible holder receives when exchanging stablecoin units with the issuer or redemption agent under…

Stablecoin Redemption Risk

Stablecoin Redemption Risk is the risk that stablecoin holders cannot exchange tokens for the stated reference asset at the expected value, speed,…

Stablecoin Reference Price

Stablecoin Reference Price is the benchmark value a stablecoin is designed to track, such as one U.S. dollar, one euro, a basket…

Stablecoin Refund

A stablecoin refund is an outbound stablecoin transfer that returns all or part of a previously received payment. It should reference the…