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.

CoinDesk 20$2,151.051.83%Bitcoin$76,957.191.56%Ethereum$2,402.622.02%XRP$1.471.59%Solana$88.300.70%

Fed Issues Stablecoin Warning Amid TerraUSD Collapse | CoinDesk Videos

Loading video...

CoinDesk 20$2,151.051.83%Bitcoin$76,957.191.56%Ethereum$2,402.622.02%XRP$1.471.59%Solana$88.300.70%

Fed Issues Stablecoin Warning Amid TerraUSD Collapse | CoinDesk Videos