diff --git a/.changelog/1988.trivial.md b/.changelog/1988.trivial.md
new file mode 100644
index 0000000000..c23337bc38
--- /dev/null
+++ b/.changelog/1988.trivial.md
@@ -0,0 +1 @@
+Rename keyphrase to mnemonic
diff --git a/cypress/e2e/create-wallet.cy.ts b/cypress/e2e/create-wallet.cy.ts
index 26f4728324..d924ffd8f6 100644
--- a/cypress/e2e/create-wallet.cy.ts
+++ b/cypress/e2e/create-wallet.cy.ts
@@ -32,7 +32,7 @@ describe('Create wallet', () => {
   it('Should not be able to confirm with a different (valid) mnemonic', () => {
     cy.contains('mnemonic does not match').should('not.exist')
 
-    cy.findByPlaceholderText('Enter your keyphrase here').type(
+    cy.findByPlaceholderText('Enter your mnemonic here').type(
       'abuse gown claw final toddler wedding sister parade useful typical spatial skate decrease bulk student manual cloth shove fat car little swamp tag ginger',
       { delay: 0 },
     )
@@ -43,7 +43,7 @@ describe('Create wallet', () => {
   it('Should confirm mnemonic', () => {
     cy.findByRole('button', { name: /Send/ }).should('not.exist')
     cy.findByRole('button', { name: /Import my wallet/ }).click()
-    cy.findByPlaceholderText('Enter your keyphrase here').type(generatedMnemonic, { delay: 0 })
+    cy.findByPlaceholderText('Enter your mnemonic here').type(generatedMnemonic, { delay: 0 })
     cy.findByRole('button', { name: /Import my wallet/ }).click()
     cy.contains('mnemonic does not match').should('not.exist')
     cy.findByRole('checkbox', { name: /Create a profile/ }).uncheck({ force: true })
diff --git a/cypress/e2e/open-wallet.cy.ts b/cypress/e2e/open-wallet.cy.ts
index 4d1713d613..99059e8924 100644
--- a/cypress/e2e/open-wallet.cy.ts
+++ b/cypress/e2e/open-wallet.cy.ts
@@ -26,22 +26,22 @@ describe('Open wallet', () => {
     })
 
     it('Should reject invalid mnemonics', () => {
-      cy.findByPlaceholderText('Enter your keyphrase here').type('this is an invalid mnemonic')
+      cy.findByPlaceholderText('Enter your mnemonic here').type('this is an invalid mnemonic')
       cy.findByRole('button', { name: /Import my wallet/ }).click()
-      cy.findByText(/Invalid keyphrase/).should('be.visible')
+      cy.findByText(/Invalid mnemonic/).should('be.visible')
     })
 
     it('Should accept valid mnemonic', () => {
-      cy.findByPlaceholderText('Enter your keyphrase here').type(mnemonic, { delay: 1 })
+      cy.findByPlaceholderText('Enter your mnemonic here').type(mnemonic, { delay: 1 })
       cy.findByRole('button', { name: /Import my wallet/ }).click()
-      cy.findByText(/Invalid keyphrase/).should('not.exist')
+      cy.findByText(/Invalid mnemonic/).should('not.exist')
       cy.findByRole('checkbox', { name: /Create a profile/ }).uncheck({ force: true })
       cy.findByRole('button', { name: /Open/ }).click()
       cy.url().should('include', 'oasis1qqca0gplrfn63ljg9c833te7em36lkz0cv8djffh')
     })
 
     it('Should open multiple accounts from mnemonic', () => {
-      cy.findByPlaceholderText('Enter your keyphrase here').type(mnemonic, { delay: 1 })
+      cy.findByPlaceholderText('Enter your mnemonic here').type(mnemonic, { delay: 1 })
       cy.findByRole('button', { name: /Import my wallet/ }).click()
       cy.findByRole('checkbox', { name: /Create a profile/ }).uncheck({ force: true })
       cy.findAllByTestId('account-choice').should('have.length', 4)
@@ -58,7 +58,7 @@ describe('Open wallet', () => {
       cy.findByRole('link', { name: /Mnemonic/ }).click()
       cy.url().should('include', '/open-wallet/mnemonic')
 
-      cy.findByPlaceholderText('Enter your keyphrase here').type(mnemonic, { delay: 1 })
+      cy.findByPlaceholderText('Enter your mnemonic here').type(mnemonic, { delay: 1 })
       cy.findByRole('button', { name: /Import my wallet/ }).click()
       cy.findByRole('checkbox', { name: /Create a profile/ }).uncheck({ force: true })
       cy.findAllByTestId('account-choice').should('have.length', 4)
diff --git a/cypress/e2e/scenario-account-switcher.cy.ts b/cypress/e2e/scenario-account-switcher.cy.ts
index 61544d6af2..6d3f36760f 100644
--- a/cypress/e2e/scenario-account-switcher.cy.ts
+++ b/cypress/e2e/scenario-account-switcher.cy.ts
@@ -5,7 +5,7 @@ describe('Scenario : multiple accounts', () => {
     // Open account 1 through mnemonic
     cy.findByRole('link', { name: /Open wallet/ }).click()
     cy.findByRole('link', { name: /Mnemonic/ }).click()
-    cy.findByPlaceholderText('Enter your keyphrase here').type(
+    cy.findByPlaceholderText('Enter your mnemonic here').type(
       'abuse gown claw final toddler wedding sister parade useful typical spatial skate decrease bulk student manual cloth shove fat car little swamp tag ginger',
       { delay: 0 },
     )
diff --git a/cypress/e2e/scenario-transaction.cy.ts b/cypress/e2e/scenario-transaction.cy.ts
index 620ee11594..e48880c7d8 100644
--- a/cypress/e2e/scenario-transaction.cy.ts
+++ b/cypress/e2e/scenario-transaction.cy.ts
@@ -26,7 +26,7 @@ describe('Scenario : from mnemonic', () => {
     cy.visit('/')
     cy.findByRole('link', { name: /Open wallet/ }).click()
     cy.findByRole('link', { name: /Mnemonic/ }).click()
-    cy.findByPlaceholderText('Enter your keyphrase here').type(
+    cy.findByPlaceholderText('Enter your mnemonic here').type(
       'abuse gown claw final toddler wedding sister parade useful typical spatial skate decrease bulk student manual cloth shove fat car little swamp tag ginger',
       { delay: 1 },
     )
diff --git a/playwright/tests/persist.spec.ts b/playwright/tests/persist.spec.ts
index f953c7a849..fdb26e374c 100644
--- a/playwright/tests/persist.spec.ts
+++ b/playwright/tests/persist.spec.ts
@@ -29,7 +29,7 @@ test.describe('Persist', () => {
   test('Should persist multiple mnemonic accounts', async ({ page }) => {
     await test.step('Import from mnemonic', async () => {
       await page.goto('/open-wallet/mnemonic')
-      await page.getByPlaceholder('Enter your keyphrase here').fill(mnemonic)
+      await page.getByPlaceholder('Enter your mnemonic here').fill(mnemonic)
       await page.getByRole('button', { name: /Import my wallet/ }).click()
       await page.getByText('Create a profile').uncheck()
       await expect(page.getByText('One account selected')).toBeVisible({ timeout: 10_000 })
@@ -160,7 +160,7 @@ test.describe('Persist', () => {
   }) => {
     await page.goto('/open-wallet/mnemonic')
 
-    await page.getByPlaceholder('Enter your keyphrase here').fill(mnemonic)
+    await page.getByPlaceholder('Enter your mnemonic here').fill(mnemonic)
     await page.getByRole('button', { name: /Import my wallet/ }).click()
     await page.getByText('Create a profile').uncheck()
     await expect(page.getByText('One account selected')).toBeVisible({ timeout: 10_000 })
diff --git a/playwright/tests/preventSavingInputsToDisk/chromium.spec.ts b/playwright/tests/preventSavingInputsToDisk/chromium.spec.ts
index 8912fd9dc4..655005dc18 100644
--- a/playwright/tests/preventSavingInputsToDisk/chromium.spec.ts
+++ b/playwright/tests/preventSavingInputsToDisk/chromium.spec.ts
@@ -23,7 +23,7 @@ test('Chromium expect mnemonic, privateKey, and password to NOT leak with preven
 }) => {
   await test.step('fill sensitive inputs and toggle visibility', async () => {
     await page.goto('/open-wallet/mnemonic')
-    await page.getByPlaceholder('Enter your keyphrase here').fill(mnemonic)
+    await page.getByPlaceholder('Enter your mnemonic here').fill(mnemonic)
     await page.getByRole('button', { name: /Import my wallet/ }).click()
     await expect(page.getByText('One account selected')).toBeVisible({ timeout: 10_000 })
     await page.getByText('Create a profile').uncheck()
diff --git a/playwright/tests/preventSavingInputsToDisk/firefox.spec.ts b/playwright/tests/preventSavingInputsToDisk/firefox.spec.ts
index bbf837d66b..7349094b75 100644
--- a/playwright/tests/preventSavingInputsToDisk/firefox.spec.ts
+++ b/playwright/tests/preventSavingInputsToDisk/firefox.spec.ts
@@ -23,7 +23,7 @@ test('Firefox expect mnemonic, privateKey, and password to NOT leak with prevent
 }) => {
   await test.step('fill sensitive inputs (visibility pre-toggled)', async () => {
     await page.goto('/open-wallet/mnemonic')
-    await page.getByPlaceholder('Enter your keyphrase here').fill(mnemonic)
+    await page.getByPlaceholder('Enter your mnemonic here').fill(mnemonic)
     // Do not submit form.
 
     const tab2 = await context.newPage()
diff --git a/playwright/tests/syncTabs.spec.ts b/playwright/tests/syncTabs.spec.ts
index 95f14d4bb3..a901cb85c1 100644
--- a/playwright/tests/syncTabs.spec.ts
+++ b/playwright/tests/syncTabs.spec.ts
@@ -262,7 +262,7 @@ test.describe('syncTabs', () => {
       await page.getByTestId('network-selector').click()
       await page.getByRole('menuitem', { name: 'Testnet' }).click()
 
-      await page.getByPlaceholder('Enter your keyphrase here').fill(mnemonic)
+      await page.getByPlaceholder('Enter your mnemonic here').fill(mnemonic)
       await page.getByRole('button', { name: /Import my wallet/ }).click()
       await page.getByText('Create a profile').uncheck()
       await expect(page.getByText('One account selected')).toBeVisible({ timeout: 10_000 })
diff --git a/playwright/tests/toolbar.spec.ts b/playwright/tests/toolbar.spec.ts
index 655c621947..4c547f6ff0 100644
--- a/playwright/tests/toolbar.spec.ts
+++ b/playwright/tests/toolbar.spec.ts
@@ -108,7 +108,7 @@ test.describe('My Accounts tab', () => {
 
   async function openAccountSelectorWithMultipleItems(page: Page) {
     await page.goto('/open-wallet/mnemonic')
-    await page.getByPlaceholder('Enter your keyphrase here').fill(mnemonic)
+    await page.getByPlaceholder('Enter your mnemonic here').fill(mnemonic)
     await page.getByRole('button', { name: /Import my wallet/ }).click()
     await page.getByText('Create a profile').uncheck()
     const uncheckedAccounts = page.getByRole('checkbox', { name: /oasis1/, checked: false })
diff --git a/src/app/components/MnemonicValidation/index.tsx b/src/app/components/MnemonicValidation/index.tsx
index ee9535df40..ef2c25c52a 100644
--- a/src/app/components/MnemonicValidation/index.tsx
+++ b/src/app/components/MnemonicValidation/index.tsx
@@ -49,16 +49,16 @@ export function MnemonicValidation(props: Props) {
     >
       <Grid gap="small" pad="none" columns={size === 'small' ? '100%' : ['1fr', '1fr']}>
         <Form onSubmit={onSubmit} {...preventSavingInputsToUserData}>
-          <Header>{t('openWallet.mnemonic.header', 'Enter your keyphrase')}</Header>
+          <Header>{t('openWallet.mnemonic.header', 'Enter your mnemonic')}</Header>
           <Paragraph>
             {t(
               'openWallet.mnemonic.instruction',
-              'Enter all your keyphrase words below separated by spaces. Most keyphrases are made of either 24 or 12 words.',
+              'Enter all your mnemonic words below separated by spaces. Most mnemonics are made of either 24 or 12 words.',
             )}
           </Paragraph>
           <MnemonicField
             inputElementId="mnemonic"
-            placeholder={t('openWallet.mnemonic.enterPhraseHere', 'Enter your keyphrase here')}
+            placeholder={t('openWallet.mnemonic.enterPhraseHere', 'Enter your mnemonic here')}
             autoFocus
             value={rawMnemonic}
             onChange={onChange}
@@ -66,7 +66,7 @@ export function MnemonicValidation(props: Props) {
               mnemonicIsValid === false
                 ? t(
                     'openWallet.mnemonic.error',
-                    'Invalid keyphrase. Please make sure to input the words in the right order, all lowercase.',
+                    'Invalid mnemonic. Please make sure to input the words in the right order, all lowercase.',
                   )
                 : ''
             }
diff --git a/src/app/pages/CreateWalletPage/__tests__/index.test.tsx b/src/app/pages/CreateWalletPage/__tests__/index.test.tsx
index ab6b3c22f8..2f4c1cad5b 100644
--- a/src/app/pages/CreateWalletPage/__tests__/index.test.tsx
+++ b/src/app/pages/CreateWalletPage/__tests__/index.test.tsx
@@ -41,7 +41,7 @@ describe('<CreateWalletPage  />', () => {
     expect(container.firstChild).toMatchSnapshot()
   })
 
-  it('can regenerate the keyphrase', () => {
+  it('can regenerate mnemonic', () => {
     const { getByText } = renderPage(store)
     fireEvent.click(getByText(/createWallet.newMnemonic/))
     expect(generateMnemonicMock).toHaveBeenCalledTimes(1)
diff --git a/src/app/pages/CreateWalletPage/index.tsx b/src/app/pages/CreateWalletPage/index.tsx
index 57b55b9805..8a5fa8bbc1 100644
--- a/src/app/pages/CreateWalletPage/index.tsx
+++ b/src/app/pages/CreateWalletPage/index.tsx
@@ -131,19 +131,19 @@ export function CreateWalletPage(props: CreateWalletProps) {
               <Trans
                 i18nKey="createWallet.instruction"
                 t={t}
-                defaults="Save your keyphrase <strong>in the right order</strong> in a secure location, you will need it to open your wallet."
+                defaults="Save your mnemonic <strong>in the right order</strong> in a secure location, you will need it to open your wallet."
               ></Trans>
             </Text>
           </Box>
           <AlertBox status="warning">
             {t(
               'createWallet.doNotShare',
-              'Never share your keyphrase, anyone with your keyphrase can access your wallet and your tokens.',
+              'Never share your mnemonic, anyone with your mnemonic can access your wallet and your tokens.',
             )}
           </AlertBox>
           <Box pad={{ vertical: 'medium' }}>
             <CheckBox
-              label={t('createWallet.confirmSaved', 'I saved my keyphrase')}
+              label={t('createWallet.confirmSaved', 'I saved my mnemonic')}
               disabled={mnemonic.length <= 0}
               checked={checked}
               onChange={event => setChecked(event.target.checked)}
diff --git a/src/locales/de/translation.json b/src/locales/de/translation.json
index f6ebdbb1b8..b8b368978c 100644
--- a/src/locales/de/translation.json
+++ b/src/locales/de/translation.json
@@ -83,8 +83,8 @@
     "validators": "Validatoren"
   },
   "createWallet": {
-    "confirmSaved": "Ich habe meine Keyphrase gespeichert.",
-    "doNotShare": "Gib niemals deine Keyphrase weiter, denn jeder, der deine Keyphrase hat, kann auf deine Wallet und deine Token zugreifen."
+    "confirmSaved": "Ich habe meine mnemonic gespeichert.",
+    "doNotShare": "Gib niemals deine mnemonic weiter, denn jeder, der deine mnemonic hat, kann auf deine Wallet und deine Token zugreifen."
   },
   "delegations": {
     "activeDelegations": "Aktive Delegationen",
diff --git a/src/locales/en/translation.json b/src/locales/en/translation.json
index ff32d514e7..ea9b344a0a 100644
--- a/src/locales/en/translation.json
+++ b/src/locales/en/translation.json
@@ -122,9 +122,9 @@
     "validators": "Validators"
   },
   "createWallet": {
-    "confirmSaved": "I saved my keyphrase",
-    "doNotShare": "Never share your keyphrase, anyone with your keyphrase can access your wallet and your tokens.",
-    "instruction": "Save your keyphrase <strong>in the right order</strong> in a secure location, you will need it to open your wallet.",
+    "confirmSaved": "I saved my mnemonic",
+    "doNotShare": "Never share your mnemonic, anyone with your mnemonic can access your wallet and your tokens.",
+    "instruction": "Save your mnemonic <strong>in the right order</strong> in a secure location, you will need it to open your wallet.",
     "mnemonicMismatch": "Entered mnemonic does not match.",
     "newMnemonic": "Generate a new mnemonic",
     "thisIsYourPhrase": "This is your mnemonic"
@@ -320,11 +320,11 @@
       "privateKey": "Private key"
     },
     "mnemonic": {
-      "enterPhraseHere": "Enter your keyphrase here",
-      "error": "Invalid keyphrase. Please make sure to input the words in the right order, all lowercase.",
-      "header": "Enter your keyphrase",
+      "enterPhraseHere": "Enter your mnemonic here",
+      "error": "Invalid mnemonic. Please make sure to input the words in the right order, all lowercase.",
+      "header": "Enter your mnemonic",
       "import": "Import my wallet",
-      "instruction": "Enter all your keyphrase words below separated by spaces. Most keyphrases are made of either 24 or 12 words."
+      "instruction": "Enter all your mnemonic words below separated by spaces. Most mnemonics are made of either 24 or 12 words."
     },
     "privateKey": {
       "enterPrivateKeyHere": "Enter your private key here",