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US Lawmakers Push for Urgent Stablecoin Regulation Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco Regulation

Mohak Agarwal

-The U.S. Treasury Department is pushing for urgent regulation of stablecoins.
-The Department cites The terrausd (UST) fiasco as an example of why a comprehensive regulatory framework is urgently needed.
-The Financial Stability Oversight Council and The Federal Reserve Board have warned about The risks of stablecoin runs that threaten The countrys Financial stability.

powell and yellen US Lawmakers Push for Urgent Stablecoin Regulation Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco Regulation
US Lawmakers Push for Urgent Stablecoin Regulation Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco Regulation 2
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