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25 July 2021

U.S. Treasury's Janet Yellen Will Discuss Stablecoins | Crypto Briefing

U.S. Treasury's Janet Yellen Will Discuss Stablecoins | Crypto Briefing


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Treasury's Janet Yellen Will Discuss Stablecoins.

Treasury Secretary Janet Yellen will meet with regulators to discuss stablecoins, according to an announcement today.

Treasury, Yellen will meet with the President’s Working Group on Financial Markets on Monday, July 19.

“Bringing together regulators will enable us to assess the potential benefits of stablecoins while mitigating risks,” Yellen stated.

The workgroup does not seem to be concerned with a central bank digital currency (CBDC) or government-issued stablecoins.

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