Pegged Currency

A currency whose value is intended to be constant in relation to a certain asset. For instance, 1 USDT is equivalent to 1 USD. Likewise known as a stablecoin.

Hard Cap

A hard cap is a restriction put in place by the blockchain's code on the maximum amount of units that can ever be created or circulated for a specific cryptocurrency

Utility Token

Tokens that are designed specifically to be able to help people use something.

Ad Hoc

a Latin expression that means "for this purpose" or "specifically for this" in contemporary English.