Panel urges U.S. stablecoin market or central bank digital currency to maintain dollar dominance – the United States
A panel of experts said at a House hearing on Tuesday,The U.S. needs to regulate the existing stablecoin market or create its own, Fed-backed digital currency to maintain the dollar’s dominance.The U.S. Treasury Department reiterated in a report last week that the U.S. needs to build guardrails for privately-issued stablecoins to protect the financial system … Read more