Are Stablecoins Insured? What Really Protects Your Digital Dollars?

A stablecoin can look almost identical to cash on a screen. One token is designed to remain worth one US dollar, and the company behind it may hold dollars, bank deposits or short-term government securities as reserves.That can make an easy assumption seem reasonable: if the reserves are sitting inside the traditional financial system, surely the person holding the stablecoin is protected in the same way as a bank customer.That is where the distinction matters.Stablecoin insurance does not gener