Reserve Audit
A reserve audit is a review of the assets backing a stablecoin or reserve-backed token.
Category
Stablecoin Flows
These words describe how stablecoins move between backing assets, issuance, and redemption.
How to recognize this theme
Terms about minting, redeeming, and reserve backing.
In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.
Educational context
These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.
Mint-Redeem Cycle
The mint-redeem cycle is the process of creating a token and later exchanging it back for backing assets.
Cash Equivalent
A cash equivalent is a short-dated, highly liquid asset that behaves like cash in a reserve.
Fiat Redeem
Fiat redeem means converting a token back into a government-issued currency.