Currency

A valuable asset used as a medium of exchange. Currency is a standardised form of money that facilitates trade by acting as a common unit for valuing goods and services. It exists in various forms, including fiat currency, such as the US Dollar (USD), Euro (EUR), or Nigerian Naira (NGN), and cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). Fiat currency is issued by governments and backed by their authority, while cryptocurrencies operate on decentralised blockchain technology without centralized control.