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US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’

September 26, 2023 by DIGIT
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The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings.

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Categories Federal Reserve, Stablecoin, United States
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  • bitcoinBitcoin(BTC)$89,666.00-2.86%
  • ethereumEthereum(ETH)$3,051.04-3.18%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.04-3.83%
  • binancecoinBNB(BNB)$885.92-1.94%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.77-6.34%
  • tronTRON(TRX)$0.2859280.92%
  • staked-etherLido Staked Ether(STETH)$3,052.24-3.20%
  • dogecoinDogecoin(DOGE)$0.139156-6.64%