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An important week for financial markets has just started. On Thursday, the Jackson Hole Symposium starts, and on Friday, Fed Chair Jerome Powell is scheduled to hold a speech on the U.S. economic outlook.
The Jackson Hole Symposium is an annual event held by the Federal Reserve of the
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more traditional financial institutions on board once “a substantial amount of liquidity [...]
The post ‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO appeared first on Crypto Breaking News.
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