COINDESK SPOTLIGHT: Paolo Ardoino and Tether’s $120B Stablecoin Empire
CoinDesk Podcast Network
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Analyzing the Risks of Mika Regulations for Stablecoins
This chapter delves into the intricate risks linked to the new Mika regulations for stablecoins, particularly the need for substantial reserves in uninsured cash deposits. It highlights concerns from the speakers regarding potential systemic threats to both stablecoin issuers and the banking sector, questioning the effectiveness of these regulations in improving user safety.
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