AN UNBIASED VIEW OF STABLECOIN REGULATION

S. clients because it does not make direct issuances to such companies. The Treasury has sought authority from Congress to go immediately after issuers like Tether on account of concern that criminals are working with dollar-backed tokens to hide their transactions, and it is actually challenging to predict how this legislation would have an impact

USDC released in September 2018 With all the aim of offering a safe haven to traders in situations of volatility, together with permitting enterprises acknowledge payment in cryptocurrencies, because of the stable price of USDC. It is really partially backed by Frax Shares (FXS) and USDC and may be minted by depositing the two. The FRAX provide wi