September 5, 2026

depeg risk

Stablecoins Explained: USDT vs USDC, Reserves, Depegs, Redemption and the Business Behind the Digital Dollar

Stablecoins look like digital dollars, but the real product is the balance sheet behind the token. This guide explains USDT vs USDC, reserves, redemption, depegs, reserve income, GENIUS Act rules.

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