U.S. Treasury Report Proposes CBDC Replacement for Private Stablecoins

2 months ago 25

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TLDR U.S. Treasury released report suggesting stablecoins should be replaced by CBDCs Treasury estimates $120B in T-bills bought by stablecoin issuers, with Tether holding $81B Report warns of potential “fire-sale” risk if major stablecoins collapse Over 80% of crypto...

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