Stablecoins & Markets
Kim Min-jun
Coverage focuses on reserves, redemption and the flow of money through digital-asset markets.
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The Brief
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Fed Proposes Rules for Payment Stablecoin Issuers
Two proposals cover reserves, capital, risk controls and an application process for firms under Fed supervision.
SoFiUSD Settlement Goes Live on Mastercard
SoFi says transactions are live as it migrates its card program to stablecoin-based settlement.
Eurosystem Launches Pontes for Tokenized Settlement
The service connects wholesale tokenized-asset transactions with settlement in central bank money.
How Digital Money Works
View allTokenized Deposits and Stablecoins: The Difference
A digital token does not tell you who owes the money. Start with the claim behind it.
The Full Cost of a Cross-Border Stablecoin Payment
A complete payment-cost model, worked examples and World Bank data for comparing what the recipient really receives.
What Happens When You Redeem a Stablecoin?
Selling a token and redeeming it with its issuer are different transactions. Here is where the dollars come from.
Inside the Stablecoin
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How to Send USDT on TRON (TRC-20): Steps, Fees, Mistakes
How to send USDT on TRON from a wallet or an exchange, what the Energy and Bandwidth cost in TRX, and how to avoid wrong-network and poisoned-address losses.
How Stablecoin Issuers Make Money
Follow the reserve income, distribution costs and interest-rate exposure behind the stablecoin issuer business.
USDT vs USDC: Reserves, Redemption and Access
USDT vs USDC compared side by side: issuers, regulation, reserves, who can redeem, networks, and whether USDC is safe.
Money in Motion
View allThe Reading List
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TRON Energy vs Bandwidth: What Each One Pays For
Bandwidth pays for a TRON transaction's size and energy pays for smart contract execution.
TRON Out of Energy: How to Fix the OUT_OF_ENERGY Error
OUT_OF_ENERGY means a TRON transaction hit its fee_limit or ran out of TRX and Energy mid-execution.
What Is TRC-20? USDT TRC-20 Explained
TRC-20 is TRON's fungible token standard, compatible with ERC-20 at the interface level.
Who Regulates a Stablecoin?
The issuer, the service and the customer's market can fall under different rules and authorities.
The Travel Rule: What Travels With a Crypto Transfer?
The payment moves on a network. Required sender and recipient information is a separate data process.
Tokenized Treasury Funds: What Investors Hold
A token can represent a fund share—not a Treasury bill in your wallet and not a payment stablecoin.
