The US deposit insurance may include stablecoins
Government agencies are studying the criteria for adding this type of currency to the insurance program
08.10.2021 - 08:00
363
1 min
0
What's new? According to CoinDesk, the US Federal Deposit Insurance Corporation (FDIC) is considering the possibility of extending insurance coverage of $250,000 to assets such as stable cryptocurrencies.
What kinds of stablecoins can be added? Sources at the agency have reported that the exact list of assets has not been determined yet. However, the main factors for including the coin in the program will be the integration of stablecoin into the banking system and the availability of collateral in the US Federal Reserve.
Insurance coverage is now available for cryptocurrency exchange clients but it is aimed only at protecting deposits in fiat currency. The addition of a new functionality will also provide insurance for those customers who hold funds on stock exchanges in stablecoins.
Useful material?
Telegram 
Twitter Market
According to Michael Saylor, the move would increase the value of the corporation by $4,9 trillion by 2034
Dec 2, 2024
Incidents
The platform began the bankruptcy process in July 2022
Nov 28, 2024
Incidents
Crypto mixer smart contracts do not have an administrator key, so no one can control them, and they are not considered proprietary
Nov 27, 2024
Market
According to the politician, this will combat widespread corruption by ensuring transparency and accountability of budgetary funds
Nov 26, 2024
Market
Justin Sun invested $30 million in the project
Nov 26, 2024
Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Cryptocurrency rates
-
Bitcoin
$95 023
BTC
-2.04%
-
Ethereum
$3 580.5
ETH
-3.01%
-
Ripple
$2.26
XRP
+17.69%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.406337
DOGE
-4.08%
-
Cardano
$1.07
ADA
-0.45%
-
Stellar XLM
$0.503518
XLM
-1.08%
-
Polkadot
$8.5
DOT
-6.06%
-
Bitcoin Cash
$497.39
BCH
-4.66%
-
Litecoin
$116.21
LTC
+14.67%