USDC’s Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins

A Moody’s analyst examines how the recent banking crisis spilled into crypto, and why alternatives to stablecoins like tokenized bank deposits and CBDCs may be needed to prevent contagion.

Source: https://www.coindesk.com/consensus-magazine/2023/04/02/usdcs-depeg-laid-bare-the-risks-traditional-finance-poses-to-stablecoins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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