Stable Coin definition

Stable Coin means stable coin issued by AsiaDB called “Olive Coin (ACNH)”, or such other name as determined by AsiaDB from time to time;
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Examples of Stable Coin in a sentence

  • The Dai Stable Coin System, now known as the Asemag protocol, currently accepts all Ethereum based assets approved by ADAO holders as collateral, and ADAO holders have the right to vote to determine the risk parameters of each collateral.

  • The administration has focused on the international finance sector with new initiatives like the Digital Residency and the possible issue of a US dollar-based and dollar-backed Stable Coin.

Related to Stable Coin

  • Category R CBBCs means a series of CBBCs where the Call Price is different from the Strike Price;

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Acceptable Collateral means the following assets of Borrowers, as long as such assets are (x) held in the Collateral Accounts, (y) subject to a first priority Lien in favor of the relevant Applicable Lender and not subject to any other Lien (other than Permitted Liens), and (z) the Collateral Requirement has been satisfied with respect thereto:

  • Acceptable Credit Rating means a minimum long term credit rating of either BBB from Standard & Poors or Baa2 from ▇▇▇▇▇’▇; Access Undertaking means:

  • Financeable Costs means the amount of expenditure for an Improvement which has been duly authorized by action of the governing body of the Issuer to be financed by general obligation bonds, less: