The most popular stablecoin type, majority-fiat backed stablecoins, dominate global crypto markets and account for more than 85% of the $313B supply.
Now that Congress has passed the GENIUS Act, they are the only eligible options for issuers intending to offer payment stablecoins in the US.

Part II of our “A Guide To Stablecoins” series is live.
In it, @rhadiARK breaks down the most popular type: majority fiat-backed stablecoins. Focusing on USDC, USDT, and PYUSD, he outlines how companies manage reserves and maintain stability.
Read now! http://ark-invest.com/articles/analyst-research/majority-fiat-backed-stablecoins-usdt-usdc-pyusd…

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