Treasury Department’s FSOC Says Stablecoins Represent Potential Risk to US Financial Stability

The Daily Hodl - December 8, 2024

Treasury Department’s FSOC Says Stablecoins Represent Potential Risk to US Financial Stability

The U.S Treasury Department’s Financial Stability Oversight Council (FSOC) says the role of stablecoins as a bridge between the digital asset market and the broader financial system warrants continued attention. In its 2024 annual report, the FSOC says that s…

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