Federal Reserve Lashes Out at Stablecoins in Recent Report

Federal Reserve Lashes Out at Stablecoins in Recent Report

Federal Reserve Lashes Out at Stablecoins in Recent Report In a report released by the Federal Reserve, the US Central Bank, stablecoins were cited as a risk to the stability of the global financial system. In the FED’s ‘Financial Stability Report’ the stablecoin market, and how they are structured, were talked about in less-than-favorable terms. According to the report: “In an […]