Governance Token
Token giving voting rights in a DAO.
Why it matters
Governance Token matters because it affects financial interpretation, product decisions, and industry communication.
How it works
Governance Token is commonly explained through its core definition and the practical example used in the glossary.
Risks and pitfalls
A common mistake is to use Governance Token without understanding its operational and regulatory context.
Regional notes
Governance Token may vary across payment rails, regulations, and market practices.
Related terms
3D Secure
Security protocol for online cards.
Account Abstraction
Smart contracts as wallets.
Account Updater
A service that refreshes expired or reissued card details for recurring billing merchants.
Algorithmic Trading
Trading using automated algorithms.
API
Application Programming Interface.
API Banking
Banking services provided via APIs.
Primary sources
Stripe
2026-03-15Stripe: Payment tokenization 101
Used for payment tokenization, network token, and account updater context.
Coinbase
2026-03-15Coinbase Learn: Crypto glossary
Reference source for crypto infrastructure terminology.
Bank for International Settlements
2026-03-15Bank for International Settlements: Crypto reserves and transparency
Used as an institutional reference for reserve transparency context.
Reviewed
3/15/2026