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A Crypto Coin Is Gobbling Up U.S. Treasuries

The New York Times – Business:

A new generation of cryptocurrency, pegged to the dollar, is growing rapidly, promising faster payments and potentially lower interest rates. But regulators and bankers warn of risks.

Talmon Joseph Smith
Author: Talmon Joseph Smith

This post first appeared in The New York Times – Business. Read the original article.

Written by

Talmon Joseph Smith

in

Banking and Financial Institutions, Barr, Michael S, Federal Reserve System, Interest Rates, Liang, Nellie, Regulation and Deregulation of Industry, Tether Operations Ltd, Trump, Donald J, US Dollar (Currency), Virtual Currency, Waller, Christopher (1959- )
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