stablecoin

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Definitions:

A cryptocurrency token that is a fungible unit of financial value pegged to a currency, some other asset, or index. It can be traded directly between parties and converted to other currencies or the pegged asset.
Sources:
NIST IR 8408

Glossary Comments

Comments about specific definitions should be sent to the authors of the linked Source publication. For NIST publications, an email is usually found within the document.

Comments about the glossary's presentation and functionality should be sent to secglossary@nist.gov.

See NISTIR 7298 Rev. 3 for additional details.