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AscendEX (Formally BitMax) |
By Gino Matos at 2026-09-26 15:52
Sentiment: Positive
The Federal Reserve's proposed rules for the payment stablecoin issuers it supervises include a crisis clock measured in hours. An issuer whose reserves fall below the value of its outstanding tokens would have 24 hours to notify the Fed and submit a plan to restore full backing. Unless it closes the gap or the Fed […] The post Fed proposed stablecoin rule could trigger a 48-hour liquidation run appeared first on CryptoSlate. Continue reading...
Categories: Banking
Tags: #Banking #Featured #Regulation #Stablecoins
Source CryptoSlate