AN UNBIASED VIEW OF STABLECOIN REGULATION

Settlement: When settlements are compensated out, they tend to be unable to be shipped instantly as they are issue to regular bank several hours. on the other hand, stablecoins run 24/seven since they operate within the blockchain, not a centralized economical establishment with small business hrs. three billion. Ethena (ENA), the business guiding

a single counterargument to making a two-tier program could be that If your Fed were being to manage stablecoins as proposed with the aforementioned report, a depository establishment could make them entirely backed by reserves Unless of course regulated in any other case, building a 2nd tier unwanted. Having said that, a two-tiered procedure right