Modern turmoil in the conventional banking sector, culminating in (USDC) getting rid of its peg, could negatively have an effect on stablecoin adoption and probably enhance phone calls for regulation, argued credit rating ranking agency Moody’s Traders Support.
In its most current “Sector Comment” report printed on March 16, Moody’s says fiat-backed stablecoins could deal with new resistance subsequent USDC’s depegging on March 10.
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