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Fed proposed stablecoin rule could trigger a 48-hour liquidation run

By cryptoslate.com · · 1 min read
Fed proposed stablecoin rule could trigger a 48-hour liquidation run

The Federal Reserve's proposed rules for the payment stablecoin issuers it supervises include a crisis clock measured in hours. An issuer whose reserves fall below the value of its outstanding tokens would have 24 hours to notify the Fed an

Read the full article on cryptoslate.com

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