Asset module
Stablecoins & Digital Dollars
USDC, USDT, reserves, peg risk.
Key lessons
- ◆Stablecoins aim to track a currency, usually the U.S. dollar.
- ◆Check the issuer, reserve disclosures, and redemption policy.
- ◆They run on blockchains with differing fees.
- ◆The GENIUS Act sets a federal framework for payment stablecoins.
- ◆The OCC and Treasury issue related guidance.
Risks
- • Depegging risk.
- • Issuer and counterparty risk.
- • Stablecoins are not FDIC-insured savings accounts or guaranteed investments.
Stablecoins are not FDIC-insured and are not guaranteed.