The United States Federal Reserve Banks of Boston and New York have published a data-driven report that delves into the potential impact of stablecoins on the broader economic landscape.
In the 49-page report titled "Runs and Flights to Safety: Are Stablecoins the New Money Market," stablecoins are likened to certain traditional finance vehicles, notably money market funds (MMFs). ...
Read More: US Fed Reserve Banks State Stablecoins Could Inject Instability in Economy
In the 49-page report titled "Runs and Flights to Safety: Are Stablecoins the New Money Market," stablecoins are likened to certain traditional finance vehicles, notably money market funds (MMFs). ...
Read More: US Fed Reserve Banks State Stablecoins Could Inject Instability in Economy