Name: Fed Issues Stablecoin Warning Amid TerraUSD Collapse
Uploaded: 2022-05-10T14:51:00.000Z
Duration: 3 min 47 s
Description: CoinDesk’s Nikhilesh De discusses a new report issued by the Federal Reserve warning of stablecoin risks as the TerraUSD (UST) coin lost its dollar peg, dropping as low as $0.65 on Monday. Plus, insights on how the UST collapse could pose a risk to the broader crypto ecosystem.

CD20$2,034.950.60%BTC$75,100.411.79%ETH$2,065.630.57%XRP$1.330.49%SOL$84.270.17%

Fed Issues Stablecoin Warning Amid TerraUSD Collapse | CoinDesk Videos

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CD20$2,034.950.60%BTC$75,100.411.79%ETH$2,065.630.57%XRP$1.330.49%SOL$84.270.17%

Fed Issues Stablecoin Warning Amid TerraUSD Collapse | CoinDesk Videos