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Module 2: Issuance, Redemption and Custody·Lesson 7 of 32·12 min

Issuance flows: minting and collateral

This lesson is for enrolled learners

The concept This lesson walks through exactly what happens, step by step, when a new unit of stablecoin is created — the single most important mechanical fact in this entire course, because every other topic (redemption, reserves, regulation, depegs) is really about what can go wrong around this one event. Fiat-backed issuance follows a deposit-then-mint pattern. An institutional client completes……

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