Treasury Secretary Yellen Says Stablecoins Pose Financial Stability Risks, Cites Collapse of TerraUSD (UST)
May 12 2022 - 12:55PM
The Daily Hodl
U.S. Secretary of the Treasury Janet Yellen is calling for
legislation that will regulate stablecoins to eradicate the risks
she believes they pose to financial stability. While testifying
before the U.S. Senate Committee on Banking, Housing, and Urban
Affairs, Yellen said the government is already aware that
stablecoins are currently operating in an inadequate regulatory
[…]
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Treasury Secretary Yellen Says Stablecoins Pose Financial Stability
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Treasury Secretary Yellen Says Stablecoins Pose
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