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$1,707.81 BTC$62,566.76 ETH$1,769.98 XRP$1.07 SOL$75.75

Fed Issues Stablecoin Warning Amid TerraUSD Collapse | CoinDesk Videos

Loading video...

CD20$1,707.81 BTC$62,566.76 ETH$1,769.98 XRP$1.07 SOL$75.75

Fed Issues Stablecoin Warning Amid TerraUSD Collapse | CoinDesk Videos