IOU is a written acknowledgment of a debt obligation. It stands for "I Owe You". In the context of cryptocurrency and fiat exchanges, an IOU is a digital token or record stating that an exchange owes you a certain amount of cryptocurrency or fiat. It represents a promise to repay the specified amount at a future date. IOUs are used in various financial transactions to facilitate credit and ensure trust between parties. They are crucial in decentralized finance (DeFi) systems for trade and liquidity management.
IOU
IOU
Last Updated: January 11, 2026
IOU is a document acknowledging a debt owed. In crypto, it's a token representing future repayment.