What crypto means by it
What you can spend right now. In a stablecoin app this is the tokens sitting in your wallet, shown to you as a dollar figure rather than as a token count.
What you already know this as
Your available balance, as opposed to your ledger balance with pending items still hanging off it.
In Kite: Your Kite balance sits in US dollars. Local currency swings do not move it.
Related terms
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