Stablecoins fall few cents wanting respectability
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tldr; Following the collapse of FTX, the big game in cryptocurrency investment has gone from “let’s make money” to “where exactly is the money?” The unceremonious implosion of Sam Bankman-Fried’s exchange showed what happens when funds supposed to be in one place turn up in another, or nowhere at all. But policymakers should be wary of clamping down too hard on stablecoins.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*