What is Stablecoin Law? (For New Users)
These coins you see in the image
are called stablecoins. Their job is to keep the price stable, for example, 1 USDT 1 US Dollar.
Now, new Stablecoin Laws have been introduced. These laws require that the companies behind these coins must hold real dollars or safe assets equal to the number of coins in circulation.
The purpose of these laws is to prevent fraud, keep your money secure, and bring more transparency.
This means your funds are now safer when using these stablecoins
