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Fiat-Backed Stablecoins: What You Need to Know About Tether, USD Coin and Others

Fiat-backed stablecoins are cryptocurrencies pegged to the value of real-world currencies, such as the U.S. dollar or euro, and backed by reserves in that currency.

Updated Apr 9, 2024, 11:22 p.m. Published Oct 17, 2022, 4:42 p.m.
(Unsplash)
(Unsplash)