Coinbase and Stablecoins: USDT at Risk in the US?
He predicts that in the future, regulations will require issuers of stablecoins to place 100 per cent of their reserves in US Treasury securities and to undergo regular financial audits.
Stablecoins
Stablecoins are a category of cryptocurrency designed to maintain a stable value against a reference asset, such as a fiat currency (e.g. the US dollar) or a commodity (such as gold).
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Revolut Ready To Launch Its Own Stablecoin
Revolut, a well-known financial technology company, is almost ready to launch its stablecoin on the market.
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