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Basic Question 3 of 3

Which statement is false regarding stabelcoins?

A. Stablecoins are usually pegged to a fiat currency like the US dollar (USD), euro (EUR), or a commodity like gold. They can be exchanged for fiat money.

B. Stablecoins can be used as a medium of exchange, a store of value, or a unit of account, similar to traditional fiat currencies.

C. Stablecoins can be either centralized or decentralized.

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Learning Outcome Statements

explain investment features of digital assets and contrast them with other asset classes

CFA® 2025 Level I Curriculum, Volume 5, Module 7.