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USDC's Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins

By Cristiano Ventricelli at 2024-11-27 04:46

Sentiment: Negative

A Moody's analyst examines how the recent banking crisis spilled into crypto, and why alternatives to stablecoins like tokenized bank deposits and CBDCs may be needed to prevent contagion. Continue reading...

Categories: Consensus Magazine

Tags: #Opinion #Moody's #DeFi #Stablecoins #banks #CBDCs #USDC #TradFi

Source CoinDesk