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2. Lawmakers plan to move first on stablecoins as they push new ...

   www.aol.com/finance/lawmakers-plan-move-first...

   Lawmakers are set to move first with a bill on stablecoins and then tackle a more comprehensive bill on market structure for crypto. Earlier Tuesday Senators Bill Hagerty (R-Tenn.), Kirsten ...

3. What are stablecoins and how do they affect the ... - AOL

   www.aol.com/finance/stablecoins-affect...

   Here’s how stablecoins work, what risks they present and how to check if a stablecoin is safe. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...

4. Ripple announces launch of RLUSD stablecoin - AOL

   www.aol.com/finance/ripple-announces-launch...

   Stablecoins have emerged as one of the most popular types of cryptocurrency over the past few years, and amassed a total market cap of over $200 billion, according to CoinGecko data.

5. Diem (digital currency) - Wikipedia

   en.wikipedia.org/wiki/Diem_(digital_currency)

   Diem (formerly known as Libra) was a permissioned blockchain-based stablecoin payment system proposed by the American social media company Facebook.The plan also included a private currency implemented as a cryptocurrency.

6. Bankruptcy of FTX - Wikipedia

   en.wikipedia.org/wiki/Bankruptcy_of_FTX

   The funds taken from FTX were mostly stablecoins such as Tether, and were quickly exchanged for Ether, a method used by cryptocurrency thieves to thwart attempts to retrieve stolen funds. [81] A person speaking on behalf of FTX in a Telegram chat referred to the "unauthorized transactions" as a "hack" and encouraged users to delete FTX mobile ...

7. Terra (blockchain) - Wikipedia

   en.wikipedia.org/wiki/Terra_(blockchain)

   Terra is a blockchain that leverages fiat-pegged stablecoins to power a payment system. For consensus, the Terra blockchain uses a proof-of-stake codesign. [4] Several stablecoins are built atop the Terra protocol, [4] including TerraUSD, which was the third largest stablecoin by market capitalisation before its collapse in May 2022. [5]

8. World’s 6 largest stablecoins: Top cryptocurrencies that ...

   www.aol.com/finance/world-6-largest-stablecoins...

   Stablecoins are a special type of cryptocurrency designed to maintain a fixed value over time. Unlike volatile cryptocurrencies like Bitcoin and Ethereum, stablecoins are pegged to a traditional ...

9. Stablecoin - Wikipedia

   en.wikipedia.org/wiki/Stablecoin

   The value of stablecoins of this type is based on the value of the backing currency, which is held by a third party–regulated financial entity. Fiat-backed stablecoins can be traded on exchanges and are redeemable from the issuer. The stability of the stablecoin is equivalent to the cost of maintaining the backing reserve and the cost of ...