easy · FRM Part 2 Current Issues

Formula-and-meaning check before application in Current Issues.

Within Current Issues — Digital Assets & Tokenization, which statement correctly describes Stablecoin?

  1. crypto asset without a claim on underlying reserve assets or issuer cash flows
  2. digital representation of an asset or claim on a programmable ledger
  3. shared record synchronized across multiple participants
  4. digital token designed to maintain a reference value through reserves or another mechanism

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