Topic
GeneralBeginnerIt means issuing a blockchain token backed by a legal claim on an off-chain asset like Treasuries, gold or loans. A custodian and legal wrapper hold the asset; the issuer mints tokens on deposit and burns them on redemption.
#defi#regulation#stablecoins
BitcoinBeginnerA spot ETF holds real bitcoin with a custodian while you own fund shares on a stock exchange. Authorized participants create and redeem shares to track NAV. Unlike self-custody, you can't send the coins or trade them 24/7.
#markets#regulation#wallets
EthereumBeginnerA stablecoin is a token built to track $1. Its peg holds because anyone eligible can mint or redeem near $1, so arbitrage corrects drift. Backing ranges from fiat reserves to over-collateralized crypto to hedged derivatives.
#defi#regulation#stablecoins
