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Fed Sounds Alarm on “Recent Strains” in Stablecoin Market

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Fed Sounds Alarm on “Recent Strains” in Stablecoin Market

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Source: Crypto Briefing

Stablecoins pose a risk to the financial system due to their lack of transparency and often lack of safe reserves, according to a new Federal Reserve report. Federal Reserve Highlights…

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Author: Tom Carreras

Related posts:

  1. Treasury Secretary Yellen Says Stablecoins Pose Financial Stability Risks, Cites Collapse of TerraUSD (UST)
  2. The stablecoin scourge: Regulatory hesitancy may hinder adoption
  3. Federal Reserve Says Private Stablecoins Vulnerable to Runs in New Report
  4. Will US regulators shake stablecoins into high-tech banks?
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