Is GUSD the only FDIC insured stablecoin?

3 answers

• seal maithApr 08, 2021 · 5 years ago
  Yes, besides GUSD, there are other stablecoins that are insured by the FDIC. One example is USDC (USD Coin), which is also backed by a reserve of assets and insured by the FDIC. This provides users with an added layer of security and confidence in the stability of the stablecoin.
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• Abdurrahman YıldırımJun 10, 2020 · 5 years ago
  No, GUSD is not the only stablecoin that is insured by the FDIC. There are several other stablecoins in the market that have FDIC insurance, such as USDC and PAX. This insurance coverage helps to protect the value of the stablecoin and provides users with peace of mind.
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• starskyerJul 12, 2022 · 3 years ago
  While GUSD is a stablecoin that is insured by the FDIC, it is not the only one. USDC, PAX, and several other stablecoins also have FDIC insurance. This insurance coverage ensures that the stablecoin is backed by real-world assets and provides users with additional security.
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