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Raagulan Pathy

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Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change

April 26, 2023 by DIGIT

Updated rules by the New York Fed could deem stablecoin issuer Circle “ineligible” for access to the Fed’s money market. Go to Source Powered by WPeMatico

Categories 2a-7 government money market funds, bank of new york, Circle Asia-Pacific vice president, Cross River, Raagulan Pathy


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.73%
  • binancecoinBNB(BNB)$881.07-2.27%
  • usd-coinUSDC(USDC)$1.00-0.01%
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  • staked-etherLido Staked Ether(STETH)$3,024.47-3.72%
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  • bitcoinBitcoin(BTC)$89,321.00-3.41%
  • ethereumEthereum(ETH)$3,023.89-3.75%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.73%
  • binancecoinBNB(BNB)$881.07-2.27%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.46-5.56%
  • tronTRON(TRX)$0.2863100.43%
  • staked-etherLido Staked Ether(STETH)$3,024.47-3.72%
  • dogecoinDogecoin(DOGE)$0.138277-6.83%