Stablecoins are moving from the fringes of crypto to the center of finance. The US Genius Act requires issuers to hold reserves one-for-one in cash, deposits, and short-term Treasuries. That makes a digital dollar redeemable. But it does not answer a deeper question: what makes money stable? For a stablecoin, the answer is liquidity. The The post Toward a transparent and stable cryptocurrency appeared first on Asia Times.
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