The best Side of stablecoin news
Fiat-backed stablecoins continue to keep 1 unit of fiat cash or funds-equal inside a reserve, like a bank, for every stablecoin that’s been issued on-chain. Stablecoins for instance USDC whitelist particular institutions as issuers. When these issuers prefer to mint a stablecoin, they deposit USD into a checking account equivalent to the amount o