Pat Toomey, the Senate Banking Committee’s senior Republican, said algorithmic stablecoins may not pose a risk to the financial sector the same way fully reserved asset-backed stablecoins might on Wednesday, as TerraUSD (UST) continued to languish far below the dollar peg it was designed to track. www.coindesk.com
Pat Toomey, the Senate Banking Committee’s senior Republican, said algorithmic stablecoins may not pose a risk to the financial sector the same way fully reserved asset-backed stablecoins might on Wednesday, as TerraUSD (UST) continued to languish far below the dollar peg it was designed to track.
www.coindesk.com