Time left: 06:00
1
Stablecoins like USDT or USDC are often used for cross-border value storage and transfers. Which of the following statements is most accurate?
AStablecoins are always fully backed 1:1 by physical US dollars held in a bank
BStablecoins eliminate all FX risk and are identical to holding USD in a regulated dollar account
CStablecoins are digital tokens whose value is designed to track the dollar but backing and transparency vary by issuer
DStablecoins can be issued by any fintech without regulatory oversight