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Stablecoins? More Like Tokenized Hedge Funds

Crypto’s recent sell-off revealed a less stable side to the future of money.

Stablecoins are supposed to be stable. If these virtual dollar tokens are emerging from the shadows of cryptocurrency trading into mainstream finance, it’s because they’re backed by real assets, exchangeable for real dollars and hold their dollar or … [615 chars]

Source: Bloomberg | Published: 2025-10-16T04:00:07Z

Credit: Bloomberg

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