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The success of stablecoin issuers like Tether, whose USDT is the largest by market cap, and Circle, producer of the No. 2, USDC, have focused attention on the industry and seeded a new crop of dollar-pegged tokens. Those tokens are generally backed by yield-generating reserves, typically U.S. Treasury bills.
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Stablecoin Issuing System M^0 (M Zero) Integrates with Crypto Custody Firm Fireblocks
