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Are stablecoins safe? See how stablecoins are backed, who issues them and what the US GENIUS Act requires of issuers, before judging the risks yourself.
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Fiat-denominated short-term assets: the backing is held in assets denominated in a government currency.
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Crypto collateral: the backing is made up of other crypto assets.
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Algorithmic arrangements: the backing takes the form of algorithmic arrangements.
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the sender's bank,
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the receiver's bank, and
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Educational content, not investment advice. Full article and sources below.
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