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A stablecoin is a crypto backed by real-world assets. Many regulators want to classify stablecoins as securities, subject to harsher guidelines and penalties. Senator Elizabeth Warren recently tweeted that stablecoins pose risks to consumers and the economy. The world of crypto has always required a high risk threshold, and most are more comfortable with the risks associated with DeFi. The Tether Controversy, or Tether, paid $41 million dollars in fines to the Community Futures Trading Commission after being found guilty of making misleading statements about their reserves.