STABLECOIN USE CASES NO FURTHER A MYSTERY

The debate around how to deal with stablecoins is also inescapably intertwined with A further incredibly hot discussion: whether the Federal Reserve ought to provide its very own electronic forex. This number of events highlights the ongoing insufficient clarity from regulators as as to whether And exactly how economic institutions may well have i

Now the Treasury Section and also other agencies are transferring urgently on an Preliminary focus on for tighter regulation: a fast-rising product or service identified as a stablecoin. six Dobler et al., “E-dollars: Prudential Supervision, Oversight, and consumer safety,” December 2021. Stablecoins issued by professional banking institutions