Fiat-backed stablecoins are typically issued on public permissionless blockchains and can be accessed through self-custody wallets.

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Location PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 10: BUILDING-BLOCK REALITY New Rails on the Block

"Fiat-backed stablecoins are typically issued on public permissionless blockchains and can be accessed through self-custody wallets."

Visa's comparison of digital-asset technologies describes fiat-backed stablecoins as typically issued on public permissionless blockchains and lists self-custody wallets among their access routes.

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Source title Update on Key Digital Asset Technologies

Source authors Ezechiel Copic

Source year 2025

Confidence high

Importance high