The U.S. Federal Reserve is voicing concerns about the viability of cryptocurrency stablecoins and is suggesting the utility of government-backed alternatives. In a wide-ranging report discussing financial stability across numerous economic sectors, the Fed identifies risks associated with so-called stablecoins, which advertise themselves as being pegged to the value of the US dollar. While citing […]The post Federal Reserve Says Private Stablecoins Vulnerable to Runs in New Report appeared first on The Daily Hodl.