Statement of CFPB Director Chopra on Stablecoin Report | 14

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Stablecoins has become a huge digital asset to a sovereign currency in the United States as it helps in nurturing a fast, safe, and competitive payments system. However, stablecoins can be vulnerable to runs and fire-sales. CFPB Director Rohit Chopra has released a statement regards to the issue and provided 3 key steps related to the market.

Visit the link below to find out more.

https://www.consumerfinance.gov/about-us/newsroom/statement-cfpb-director-chopra-stablecoin-report/