USDC Operator Happy After Yellen Calls Stablecoins ‘National Security' Concern

Janet Yellen. Source: A video screenshot, Youtube/Credit Suisse At least one major stablecoin operator has welcomed the news that the American government is set to direct regulators to “act quickly” on fiat-pegged tokens. In an official statement, the American Treasury Secretary Janet Yellen stated that she had convened a President's Working Group on Financial Markets to examine stablecoins.

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