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Reserves

Also called backing, attestation

What crypto means by it

The real world assets an issuer holds so every token can be redeemed for a dollar. Reputable issuers publish what those assets are and have an accounting firm confirm it, usually monthly.

What you already know this as

The capital and liquidity a bank has to hold against deposits, and the audit that proves it.

Related terms

USDC USDT Issuer Peg

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