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US FDIC Said to Be Studying Deposit Insurance for Stablecoins

So-called pass-through coverage would insure the holders of these tokens against losses up to $250,000 if the bank holding the collateral were to fail.

Updated May 11, 2023, 6:06 p.m. Published Oct 6, 2021, 10:06 p.m.
An FDIC sticker on the door of a Chase Bank branch in New York (Ben Schiller/CoinDesk)