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coinpedia 2023-11-30 06:04:30

Is Tether’s Stability at Risk? U.S. Treasury Official Sounds Alarm

The post Is Tether’s Stability at Risk? U.S. Treasury Official Sounds Alarm appeared first on Coinpedia Fintech News The increasing global misuse of stablecoins, particularly in war, crime, and high inflation, raises significant concerns. In a speech at a Blockchain Association event, Deputy Secretary of the Treasury Wally Adeyemo emphasized the urgent need for stablecoin issuers outside the U.S. to actively prevent their dollar-backed stablecoins from being exploited by malicious entities, such as …

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