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  2. USD Coin - Wikipedia

    en.wikipedia.org/wiki/USD_Coin

    USD Coin (USDC) is a cryptocurrency stablecoin pegged to the United States dollar. With $41 billion in assets under management, [ 1 ] USDC is issued by Circle and is distinct from a central bank digital currency (CBDC).

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

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

    PayPal USD is fully backed by a mix of U.S. dollar deposits, short-term U.S. Treasurys and cash equivalents, ensuring its peg to the dollar. ... Meanwhile, crypto-backed stablecoins, such as Dai ...

  4. PayPal launches first dollar-backed stablecoin from a major U ...

    www.aol.com/news/paypal-launches-first-dollar...

    PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services. It’s the first such move from a major U.S. financial ...

  5. Tether (cryptocurrency) - Wikipedia

    en.wikipedia.org/wiki/Tether_(cryptocurrency)

    Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [3] [4]As of August 1, 2024, Tether reported having $118.4 billion in reserves, including $5.3 billion in excess reserves.

  6. Stablecoin - Wikipedia

    en.wikipedia.org/wiki/Stablecoin

    Cryptocurrency-backed stablecoins are issued with cryptocurrencies as collateral, conceptually similar to fiat-backed stablecoins. However, the significant difference between the two designs is that while fiat collateralization typically happens off the blockchain , the cryptocurrency or crypto asset used to back this type of stablecoins is ...

  7. Ripple announces launch of RLUSD stablecoin - AOL

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

    RLUSD is backed 1:1 by the U.S. dollar, meaning the company has promised to hold an equivalent sum of dollars in a reserve to collateralize each stablecoin that it issues.

  8. Tether and Circle dominate dollar-backed stablecoins. Is it ...

    www.aol.com/finance/tether-circle-dominate...

    Ripple said it wants to bring its “compliant-first mindset” to the world of stablecoins, an industry criticized for enabling the majority of illicit crypto transactions.

  9. List of cryptocurrencies - Wikipedia

    en.wikipedia.org/wiki/List_of_cryptocurrencies

    BitConnect was described as an open source, all-in-one bitcoin and crypto community platform but was later discovered to be a Ponzi scheme. 2018 KodakCoin: Kodak and WENN Digital Ethash [84] KodakCoin is a "photographer-centric" blockchain cryptocurrency used for payments for licensing photographs. Petro: Venezuelan Government: onixCoin [85 ...

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