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US FDIC Said to Be Studying Deposit Insurance for Stablecoins — CoinDesk

US FDIC Said to Be Studying Deposit Insurance for Stablecoins — CoinDesk

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“The FDIC has strict rules as to which institutions may call themselves FDIC-insured or use the FDIC logo for advertising,” he stated. “Just as how the FDIC’s logo on a bank’s website allows savers to be confident that the bank is a safe, insurance of particular stablecoins and permission to use the FDIC logo would provide clarity about which stablecoins, up to the insurance limit, will not lose value.”

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