Stablecoin growth could affect credit markets, rating agency warns
July 5, 2021
Crypto Nanobot
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Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry. 234 Total views 1 Total shares The growth of stablecoins that are not fully backed by safe assets could trigger a destabilization in short-term credit markets, rating agency Fitch has warned. In a commentary note, the agency explained […]
