Name a Major Centralized Stablecoin and Its Governing Body ⎊ Path

Name a Major Centralized Stablecoin and Its Governing Body.

Tether (USDT) is a major centralized stablecoin, and its governing body is the company Tether Limited. USD Coin (USDC) is another major one, governed by the CENTRE Consortium, founded by Circle and Coinbase.

These entities manage the fiat collateral and are the sole authorities for minting and burning the stablecoins.

What Is the Concept of a “Basket” of Stablecoins in a Multi-Asset Stableswap Pool?

What Is a Common Stablecoin Used for Cash Settlement on Crypto Derivatives Exchanges?

In Crypto Derivatives, What Asset Is Often Used to Meet a Margin Requirement?

Name a Major Cryptocurrency Index Used for Derivatives Settlement

What Are the Risks Associated with Holding non-US Dollar Assets in a USD Stablecoin Reserve?

Provide an Example of a Corporate Exposure Hedged by a Currency Forward

How Does the Choice between USD-pegged and Crypto-Pegged Collateral Affect Margin Requirements?

Is the Fund’s Balance Typically Reported in USD or the Underlying Crypto Asset?

Glossar

Centralized Stablecoin

Currency ⎊ A centralized stablecoin is a digital currency pegged to a fiat unit, typically the USD, where the backing reserves and issuance/redemption mechanism are managed by a single, identifiable entity.