Fast Crypto News

Stablecoins’ recent de-pegging is not a ‘real threat to financial stability,’ says Janet Yellen1 min read

May 12, 2022 < 1 min

Stablecoins’ recent de-pegging is not a ‘real threat to financial stability,’ says Janet Yellen1 min read

Reading Time: < 1 minute

Terra’s UST dropped as low as $0.29 and Tether’s USDT stablecoin briefly de-pegged from the dollar to hit $0.96 on Wednesday.

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