Definition

Fiat

noun FEE-at

Currency that has no direct material backing, usually in reference to debt based markets such as USD.

In a sentence

The exchange accepted fiat deposits in dollars and euros.

1 of 5
Share definition
Share on X Email

Follow the signal

Curated intelligence, delivered your way.

Never miss a market-moving update.

  • Daily briefingTop stories & analysis
  • Market movesKey charts & data
  • Policy updatesWhat to watch
  • Weekly deep diveLong-form insights

Subscribe to the CryptoSlate newsletter through Substack.

Join 100,000+ readers Unsubscribe anytime