Staging previewThis one template generates a page for every glossary term automatically. All content is live from the CMS, drawn from the AVAT Reference Guide. Click either card to flip it.
AVAT Knowledge Hub
LearnFor ExecutivesFor InvestorsGlossary
Glossary/
Cryptocurrency
Assets and ownership

Cryptocurrency

A digital currency that operates on a blockchain network. Not issued or controlled by any central bank or government, but rather by computer code and a decentralized network of participants. Bitcoin (BTC) and Ethereum (ETH) are the most widely known. Cryptocurrency is one type of digital asset - but digital assets are a much broader category.

TradFi equivalent
In traditional finance...
Click to reveal
TradFi equivalent
Part commodity, part currency. Like gold, no single issuer controls it and the market determines its value. Like a currency, it's a native asset used to power activity within its own ecosystem.
Click to flip back
Analogy
In everyday terms...
Click to reveal
Analogy
Frequent flyer miles. They have real value within a defined system, can be earned and spent, but are not issued by a government and are not legal tender.
Click to flip back
Back to the glossary
AVAT Knowledge Hub — built by AVAT, affiliated with Avalanche. No sales pitch.
avat.com