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Ethereum World News 2022-05-10 16:30:36

UST Depegging Catches the attention of US Treasury Secretary Yellen, Who Calls for Stablecoin Regulation by EOY

Summary: UST’s depegging sage over the last 72 hours has caught the attention of US Treasury Secretary Yellen US Treasury Secretary Yellen has pointed out the risks of stablecoins such as UST and has called for their regulation by the end of 2022 Terra’s Do Kwon has Tweeted that he will announce a recovery plan for UST very soon TerraUSD’s (UST) woes in the crypto markets in the last few days, have not gone unnoticed by officials at the US […]

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