US Treasury On Stablecoins: CBDC Replacement Of 'Private Currency,' Subtle Jab At Tether
- Posted on October 31, 2024
- By International Business Times
- 2 Views
US Treasury On Stablecoins: CBDC Replacement Of 'Private Currency,' Subtle Jab At Tether
A U.S. Treasury report recognized the stellar growth of the stablecoin sector, but it also warned of run risks related to the market, and suggested that stablecoins will "likely need" to be replaced by CBDCs.
