U.S. regulators consider launching a formal assessment on whether stablecoins threaten financial stability


On September 12, three people familiar with the matter revealed that after several weeks of deliberation, the U.S. Treasury Department and other federal agencies are about to decide whether the Financial Stability Regulatory Commission (FSOC) will initiate an assessment to determine whether stablecoins such as Tether threaten financial stability. FSOC has the right to determine that a certain company or activity poses a systemic threat to the financial system. If this certainty is made, it may have a significant impact on stablecoins.



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