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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)$67,958.00-1.44%
  • ethereumEthereum(ETH)$1,980.90-0.78%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.49-1.39%
  • binancecoinBNB(BNB)$615.28-0.45%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$84.57-3.06%
  • tronTRON(TRX)$0.2826320.78%
  • dogecoinDogecoin(DOGE)$0.100769-5.35%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%