Algorithmic Stablecoin
German: Algorithmischer Stablecoin
A stablecoin relying on supply adjustment or a paired volatile token instead of full asset backing; the design has repeatedly failed under stress and is restricted in some regimes.
Why people look this up
Readers looking for why these failed and whether any regime now permits them.
Auf Deutsch
Algorithmischer Stablecoin — Ein Stablecoin, der statt vollständiger Deckung auf Angebotssteuerung oder einen gekoppelten volatilen Token setzt; das Modell ist unter Stress wiederholt gescheitert und in einzelnen Regimen eingeschränkt.
Looking for how this maps to its traditional-finance counterpart rather than a standalone definition? See the Term Bridge, which also flags where the obvious analogy is wrong.