Exclusive-U.S. Treasury, financial industry discuss cryptocurrency 'stablecoins'

Exclusive-U.S. Treasury, financial industry discuss cryptocurrency 'stablecoins'

2 years ago
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https://www.reuters.com/article/usa-treasury-stablecoins-exclusive/exclusive-u-s-treasury-financial-industry-discuss-cryptocurrency-stablecoins-idUSKBN2G6238

The U.S. Treasury Department met with a number of industry participants this week to quiz them about the risks and benefits posed by stablecoins -- a rapidly growing type of cryptocurrencies, the value of which is pegged to traditional currencies, according to three people with direct knowledge of the meetings.