CoinGape
2024-02-11 15:04:50

Stablecoins’ Connection to Financial Institutions Keeps Fed on Toes

Stabelcoins gained hype since their debut as a means to link digital assets to major financial institutions. However, the biggest strength of the token is now posing a dilemma for regulators and government institutions. According to a Bloomberg report, the Fed is still concerned about crypto stablecoins due to their volatility. US Fed has concerns The post Stablecoins’ Connection to Financial Institutions Keeps Fed on Toes appeared first on CoinGape .

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