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D

De-peg

A period in which a stablecoin loses its value relative to the underlying asset. During this period, the stablecoin will usually be traded at a discount on the secondary market.

Decentralised Finance (DeFi)

DeFi is a segment of the crypto ecosystem, which utilises blockchain networks and smart contract technology to provide a range of financial service activities without an intermediary.

Delivery vs. Payment (DvP)

A securities settlement mechanism that links a securities transfer and a funds transfer in such a way as to ensure that delivery occurs if and only if the corresponding payment occurs.

Distributed Ledger Technology (DLT)

A type of technology that enables the sharing and updating of records in a distributed way.


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