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US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’

The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings.

US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’

The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings.

Original source

Read on Cointelegraph

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