The TerraUSD Stablecoin Collapse Provides Excuse For Digital Dollar Setup

Treasury Secretary Janet #Yellen pointed to a recent run on the #stablecoin TerraUSD as evidence of the potential threat to #financialstability posed by unregulated #cryptocurrency markets.

The Democrats of the Senate Banking Committee fear that their Republican colleagues are not taking the risks associated with #crypto seriously. All while the #DTCC unveils a prototype to support Fed-issued #digitaldollar.

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