Cryptocurrency
3 weeks, 4 days ago
FDIC chair says no deposit insurance for stablecoins under GENIUS Act
A proposed plan by the agency would ban “pass-through insurance“ for stablecoins by third parties in addition to the FDIC …
Impact on USDT:
The news is likely to have a bearish impact on stablecoins, such …
The FDIC chair announced that stablecoins will not be eligible for deposit insurance under the …
High (80%)
View full analysis →