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What are stablecoins, and why are regulators worried about them?

by Matt Levin

Apr 18, 2022

The cryptocurrencies — pegged to "real" currencies that aren't supposed to fluctuate in value — are the bedrock of the crypto economy.

Stablecoins are involved in roughly 80% of cryptocurrency trading and lending transactions and aren't supposed to fluctuate in value. But the Treasury Department is concerned about the potential for a stablecoin run.

Chip Somodevilla/Getty Images

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