stablecoin news Things To Know Before You Buy
Fiat-backed stablecoins preserve a single unit of fiat income or cash-equal in a very reserve, similar to a lender, for every stablecoin that’s been issued on-chain. Stablecoins including USDC whitelist sure establishments as issuers. When these issuers prefer to mint a stablecoin, they deposit USD into a checking account equivalent to the quanti