TERMIUM Plus®

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UNBACKED CRYPTOASSET [1 record]

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Record 1 2024-01-05

English

Subject field(s)
  • Digital Currency
DEF

[A] crypto asset that [is] neither [a] tokenized traditional asset nor [a] stablecoin.

CONT

Unbacked cryptoassets are non-replicable strings of computer code that can be owned and transferred without intermediaries, and have no underlying assets. Such cryptoassets (the most commonly known being Bitcoin and Ether) comprise around 90% of the total market capitalisation of cryptoassets.

French

Domaine(s)
  • Monnaie électronique
CONT

Les cryptoactifs non adossés (tels que le Bitcoin ou l'Ether) ne reposent sur aucun actif sous-jacent et ne possèdent donc pas de valeur fondamentale autre que leurs cas d'usages.

Key term(s)
  • crypto-actif non adossé

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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