Stablecoins’ recent de-pegging is not a ‘real threat to financial stability,’ says Janet Yellen

Post author:MiamiCrypto
Post published:May 12, 2022
Post category:Government / Regulation / Stablecoin / Terra / Tether / United States

Terra’s UST dropped as low as $0.29 and Tether’s USDT stablecoin briefly de-pegged from the dollar to hit $0.96 on Wednesday.