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❕NEWS The Federal Reserve system speaks out on stablecoins

AudraMiller

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There has been much attempted trying regulate cryptocurrency in the recent months and for many governments they are still under the process of discussions in order to try and see which sort of regulations can actually be implemented. Yesterday the Federal Reserve system, commonly referred to as the FED, had an emergency meeting in which they can discuss the future of stable coins within the United States of America. However the outcome of this meeting was just that in the next few months they are expecting to issue some recommendations on how stable coins can be regulated moving forward. This does not seem to be a very productive meeting considering the fact that the regulations used on stablecoins can also be implemented in the cryptocurrency department as well. What are your thoughts on this?
 
It is up for them, believe by now a solution have been brought up on how stable coins should be used or transacted in the digital coin market. I love the inclusion of stable coins in the market. Without them, most investors funds could've been woefully at the dip due to volatility of other coins.
 
It is up for them, believe by now a solution have been brought up on how stable coins should be used or transacted in the digital coin market. I love the inclusion of stable coins in the market. Without them, most investors funds could've been woefully at the dip due to volatility of other coins.
It is very good to see that stable coins are being introduced into the market and I think that it is a very good way to show that there is a sense of stability when it comes to utilisation of the crypto-currency market especially for future development. This can be very helpful when it comes to cryptocurrency adoption in the future.
 
It is up for them, believe by now a solution have been brought up on how stable coins should be used or transacted in the digital coin market. I love the inclusion of stable coins in the market. Without them, most investors funds could've been woefully at the dip due to volatility of other
It is very good to see that stable coins are being introduced into the market and I think that it is a very good way to show that there is a sense of stability when it comes to utilisation of the crypto-currency market especially for future development. This can be very helpful when it comes to cryptocurrency adoption in the future.
It is already helping out indeed. The stable coins have helped keeping the funds stable for the investors. Whenever I'm not ready to lose my funds any further due to price dip of the coins I simply swap to USDT stable coin or USDC or BUSD.
 
It is already helping out indeed. The stable coins have helped keeping the funds stable for the investors. Whenever I'm not ready to lose my funds any further due to price dip of the coins I simply swap to USDT stable coin or USDC or BUSD.
It is very helpful because when you are seeing that the market is very volatile that any given point in time then you will actually choose to move all of your financial or cryptocurrency assets over to a stable coin that can be utilised at a later point in order to secure a monetary value.
 
It is very helpful because when you are seeing that the market is very volatile that any given point in time then you will actually choose to move all of your financial or cryptocurrency assets over to a stable coin that can be utilised at a later point in order to secure a monetary value.
You're very correct dearie, I won't try it keeping my coins in the wallet especially the volatile coins when the market is going sombre, I'll definitely remove my coin and put it on a stable cryptocurrency and watch how the market fades out if I'll consider releasing my funds into the volatile coins to grow it from there.
 
You're very correct dearie, I won't try it keeping my coins in the wallet especially the volatile coins when the market is going sombre, I'll definitely remove my coin and put it on a stable cryptocurrency and watch how the market fades out if I'll consider releasing my funds into the volatile coins to grow it from there.
I think that teh best coin that you can put your money in is something along the lines of bitcoin and maybe even ethereum because those are the most well known in the cryptocurrency market and therefore there is a good chance that the price of these coins will continue to rise.
 
i think since they are creating stable coins ,they could create more opportunities from it that they would be able to profit from ,most especially through revenue making ,it's an avenue for people to really get into making profit through it , stable coin have so much usefulness as people could use it to carry out trades
 

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