Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

What are stablecoins, and why are regulators worried about them?

Apr 18, 2022
The cryptocurrencies — pegged to "real" currencies that aren't supposed to fluctuate in value — are the bedrock of the crypto economy.
Stablecoins are involved in roughly 80% of cryptocurrency trading and lending transactions and aren't supposed to fluctuate in value. But the Treasury Department is concerned about the potential for a stablecoin run.
Chip Somodevilla/Getty Images