Category

Stablecoin Settlement

These terms describe reserve checks, redemption handling, and how a peg is maintained.

How to recognize this theme

Terms for dollar-linked assets and their 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.

Reserve Asset

A reserve asset is a liquid asset held to support redemptions or token value.

Attestation

An attestation is a report that verifies reserves or other claims at a point in time.

Redemption Window

A redemption window is the period during which tokens can be converted back into value.

Peg Drift

Peg drift is a small move away from a token's target value before a larger depeg.

Reserve Asset

A reserve asset is a holding used to back issued tokens or other obligations.

Attestation Audit

An attestation audit is a formal check that reports what backing assets are present.

Fiat Rail

A fiat rail is the banking or payment path used to move cash in or out.

Redeem Flow

A redeem flow is the process that converts tokens back into the backing asset.

Settlement Batch

A settlement batch groups multiple transfers or payment instructions so they can be processed and reconciled together.

Redemption Instruction

A redemption instruction tells an issuer or platform to convert stablecoins into the supported settlement asset under its rules.

Payment Reconciliation Record

A payment reconciliation record links expected payments with observed transfers, balances, invoices, or bank settlement records.

Final Settlement State

A final settlement state means a payment or transfer is treated as complete according to the relevant network or operating rules.

Mint and Redeem

Mint-and-redeem is the primary mechanism many fiat-backed stablecoins use: authorized parties deposit backing assets to mint tokens and burn tokens to redeem the backing assets.

Redemption Window

A redemption window is the time frame when an issuer, venue, or system processes redemptions, which can affect liquidity needs and settlement predictability.

Liquidity Buffer

A liquidity buffer is a pool of readily available assets held to meet redemptions, withdrawals, or settlement spikes without forcing fire-sale liquidations.

Stableswap Curve

A stableswap curve is an automated market maker design optimized for trading assets that should stay near the same value (like stablecoins), typically aiming for low slippage around the peg.