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https://www.coindesk.com/policy/2022/10/03/even-safe-stablecoins-might-pose-financial-stability-risk-new-york-fed-says/
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Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says - CoinDesk
10/3/22 at 5:32pm
Organization
CoinDesk
Author
Helene Braun
Details
39 words
Summarize
Business & Industrial
Currencies & Foreign Exchange
Safe
Stablecoins Might Pose Financial Stability Risk
New York Fed
USDC stablecoin
Circle
Researchers at the Federal Reserve Bank of New York published a new paper claiming Circle's USDC stablecoin poses a risk to the broader financial system.
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