• Written by: Lipika Deka
  • Wed, 11 May 2022
  •   Estonia

Treasury Secretary Janet Yellen wasted no time saying how the recent Terra’USD breaking its dollar peg exposed the threat to financial stability and the urgent need for a regulatory framework to offset the risks, in a Senate Banking Committee hearing on 10 May. “A stablecoin known as TerraUSD experienced a run and declined in value,” […]

Janet Yellen: TerraUSD’s Depegging Underscores The Need For A Regulatory Framework