Stablecoin Backing

These terms describe reserves, audits, and the mechanics behind stablecoin confidence.

Reserve

Reserves are assets held to support redemptions or maintain a stablecoin's target value.

An attestation is a third-party report about assets backing an issuer or product at a point in time.

Redemption is the process of exchanging a stablecoin or token for its underlying asset or cash value.

A depeg happens when a stablecoin trades meaningfully away from its intended reference price.