NYT: “The US government has five ways to regulate stablecoins”
The influential New York Times drew attention to the problem of stablecoin development and predicted their speedy regulation. The New York Times (NYT) published an explanatory article on stablecoins outlining the possible options for regulators to deal with this asset class. According to the article, although the value of stablecoins is pegged to fiat currencies, the nature and stability of the backing assets have been repeatedly questioned, a fact that government agencies often cite in…
