U.S. Treasury Secretary Janet Yellen has reservations about the rise of stablecoins and their implications on the financial landscape. In prepared remarks, Yellen says that stabelcoins raise policy concerns in relation to “illicit finance, user protection and systemic risk.” The former Chair of the Federal Reserve also says that stablecoins lack the sound and consistent […]The post U.S. Treasury Secretary Raises Concerns Over ‘Systemic Risk’ of Stablecoins in New Speech appeared first on The Daily Hodl.
