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Terra crash highlights stablecoin risk to financial stability: ECB

July 11, 2022 by DIGIT
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A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn’t fit for use in the real economy.

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Categories ECB, European Union, MiCA, Stablecoin, Terra
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  • bitcoinBitcoin(BTC)$89,383.00-1.74%
  • ethereumEthereum(ETH)$2,967.27-3.55%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$879.08-3.11%
  • rippleXRP(XRP)$1.92-0.09%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$128.38-0.31%
  • tronTRON(TRX)$0.295728-1.96%
  • staked-etherLido Staked Ether(STETH)$2,966.40-3.67%
  • dogecoinDogecoin(DOGE)$0.124797-0.48%
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  • bitcoinBitcoin(BTC)$89,383.00-1.74%
  • ethereumEthereum(ETH)$2,967.27-3.55%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$879.08-3.11%
  • rippleXRP(XRP)$1.92-0.09%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$128.38-0.31%
  • tronTRON(TRX)$0.295728-1.96%
  • staked-etherLido Staked Ether(STETH)$2,966.40-3.67%
  • dogecoinDogecoin(DOGE)$0.124797-0.48%