Author Topic: Fed official openly described Tether as a risk to financial stability  (Read 189 times)

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A senior Fed official sees Tether as a risk to the stability of the financial system.

Boston Fed President Eric Rosengren on Friday listed Tether as a threat to financial stability, which the US central bank is monitoring. According to the news of CoinDesk , Rosengren discussed stable crypto money under the title of new 'disruptors' of short-term credit markets.