Stablecoins' recent de-pegging is not a 'real threat to financial stability,' says Janet Yellen

Stablecoins' recent de-pegging is not a 'real threat to financial stability,' says Janet Yellen


CoinTelegraph
2022-05-12 18:30:00

Terra's UST dropped as low as $0.29 and Tether's USDT stablecoin briefly de-pegged from the dollar to hit $0.96 on Wednesday.