What are stablecoins and how do they work? | FT

Financial Times published this video item, entitled “What are stablecoins and how do they work? | FT” – below is their description.

FT banking and fintech reporter Siddharth Venkataramakrishnan looks at how the digital assets are used, why they are growing in popularity – and why they are in regulators’ sights.

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About This Source - Financial Times

The Financial Times (FT) is an English-language international daily newspaper that has a special emphasis on business and economic news. It is headquartered in London, England, and is owned by Japanese company Nikkei, Inc.. The newspaper was founded in London in 1888 by James Sheridan and Horatio Bottomley.

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In This Story: Stablecoin

Stablecoins are cryptocurrencies where the price is designed to be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

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