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The Rise of Stablecoins and Bitcoin in Finance
This chapter examines the growing significance of stablecoins within the U.S. financial system and their potential integration under FDIC insurance. It highlights the contrast between stablecoins and other cryptocurrencies like Bitcoin, emphasizing their role in mitigating volatility and supporting monetary stability. The discussion also covers the evolving landscape of cryptocurrency investments, the implications of Bitcoin scarcity, and the increasing acceptance among both institutional investors and skeptics.