Stablecoins could threaten consumer protection and financial stability, warns Fed’s Brainard – business live

Stablecoins could threaten consumer protection and financial stability, warns Fed’s Brainard – business live

Rolling coverage of the latest economic and financial newsLatest: Lael Brainard warns of rise of private moneyBrainard: Stablecoins don’t provide same protection as bank depositsSays Fed is stepping up work on digital dollarEarlier;Liberty Steel outlines major restructuringLiberty seeks buyer for aerospace and special alloys site in StocksbridgeHSBC has no plans to offer bitcoin to clientsChina…

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