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Powell and Yellen Talk Stablecoins, Inflation and Debt

The Breakdown

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Stable Coins - A Look at Themselves

Sen. Sherad brown is the head of the us Senate banking committee, and sent letters to circle coin base, gemini, bynance us, paxos, trust token and the centre consortion. The letter asked a bunch of questions to these stable coin issuers, including how customers can acquire the stable coins,. How they redeem the stable coins, what might prevent a customer from purchasing it., whether any trading platforms have special arrangements with respect to the stable Coin.

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