; (B) rests on a blockchain or decentralized cryptographic ledger; and (C) is collateralized on a one-to-one basis by such currency, and such currency is deposited in an insured depository institution. (10) Smart contract The term smart contract means a computer protocol intended— (A) to digitally facilitate, verify, or enforce the negotiation or performance of a contract; and (B) to allow the performance of credible transactions without third parties. (11) Synthetic stablecoin The term synthetic stablecoin means a digital asset, other than a reserve-backed stablecoin, that— (A) is stabilized against the value of a currency or other asset