The UST stablecoin’s dramatic decline in worth featured in U.S. Treasury Secretary Janet Yellen’s testimony earlier than the committee on banking, housing, and concrete affairs, U.S. Senate, on Tuesday. Yellen acknowledged that the stablecoin’s turbulence clearly illustrates dangers related to crypto property to monetary stability, including that the treasury division would quickly subject a complete report
The submit $UST Decline: Here’s U.S. Government’s Quick Response appeared first on CoinGape.
