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Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Stablecoins

DAI and the Sky Stablecoin System

DAI is a US dollar-pegged stablecoin associated with the Maker system, later linked to the development of the Sky ecosystem. This article introduces its positioning, mechanism, usage verification, and common misconceptions.

Securities & exchanges

FTSE MTIRS Index

The FTSE MTIRS Indices are designed to accurately move in direct correlation to OTC Interest Rate Swaps market with a total of 45 indices covering the USD curve from 2 years to 30 years including spreads and butterflies. FTSE MTIRS Indices account for changes to both fixed and floating rates and are rebalanced daily.

Securities & exchanges

Interest rate cap and floor

In finance, an interest rate cap is a type of interest rate derivative in which the buyer receives payments at the end of each period in which the interest rate exceeds the agreed strike price. An example of a cap would be an agreement to receive a payment for each month the LIBOR rate exceeds 2.5%.

Fiat currencies

Linked exchange rate system in Hong Kong

A linked exchange rate system is a type of exchange rate regime that pegs the exchange rate of one currency to another. It is the exchange rate system implemented in Hong Kong to stabilise the exchange rate between the Hong Kong dollar (HKD) and the United States dollar (USD). The Macao pataca (MOP) is similarly linked to the Hong Kong dollar.

Finance

Market basket

A market basket or commodity bundle is a fixed list of items, in given proportions. Its most common use is to track the progress of inflation in an economy or specific market. That is, to measure the changes in the value of money over time. A market basket is also used with the theory of purchasing price parity to measure the value of money in different places.

Fiat currencies

U.S. Dollar Index

The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies.

Finance

United States Department of the Treasury

The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States. It is one of 15 current U.S. government departments. The treasury executes currency circulation in the domestic fiscal system, collects all federal taxes through the Internal Revenue Service, manages U.S. government debt, licenses and supervises banks and

Fiat currencies

United States dollar

The United States dollar (symbol: $; currency code: USD) is the official currency of the United States (U.S.) and several other countries. The U.S. Coinage Act of 1792 established the dollar as the base unit, with each dollar divided into 100 cents (symbol: ¢). U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green col

Fiat currencies

USD: Difference Between Fiat Currency and On-Chain Assets

The international currency code for the US dollar is USD. This article covers its definition, mechanisms, verification methods, and common misconceptions.

Stablecoins

USD1: Brand, Token, and Reserve Information

USD1 is a US dollar stablecoin associated with the World Liberty Financial brand. This article introduces its positioning, mechanism, verification checklist, and common misconceptions.

Stablecoins

USDC: Native Issuance and Bridged Versions

USDC is a US dollar-backed stablecoin issued by Circle. This article introduces its positioning, mechanism, usage checklist, and common misconceptions.

Stablecoins

USDe: Ethena Synthetic Dollar

USDe is the synthetic dollar asset of the Ethena protocol. This article covers its positioning, mechanism, usage checklist, and common misconceptions.

Stablecoins

USDS: Sky Protocol Stablecoin

USDS is the stablecoin of the Sky protocol and is closely related to the evolution of DAI. This article covers its positioning, mechanism, usage checklist, and common misconceptions.

Stablecoins

USDT: Tether and Network Selection

USDT is a US dollar-denominated stablecoin issued by Tether, designed to maintain a close value relationship with the US dollar. This article introduces its positioning, mechanism, verification checklist, and common misconceptions.