Fed Issues Stablecoin Warning Amid TerraUSD Collapse

May 10, 2022

CoinDesk’s Nikhilesh De discusses a new report issued by the Federal Reserve warning of stablecoin risks as the TerraUSD (UST) coin lost its dollar peg, dropping as low as $0.65 on Monday.

Up Next

02:10

‘Memorandum of Understanding’ Between SEC and CFTC Needed in US Crypto Regulation: CFTC Commissioner

Aug 17, 2022

00:00

Hubert Test

Nov 22, 2022

03:07

US Sanctions North Korea-Linked Bitcoin Mixer Blender.io

May 9, 2022

04:06

Lawmaker Concerned Over FDIC ‘Improperly’ Pushing Banks to Avoid Serving Crypto Companies

Aug 17, 2022

03:04

New York Non-Renewable Crypto Bill Faces Pushback

May 5, 2022

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.