Janet Yellen
According to its CEO, who shared that regulators’ decision to make whole all depositors would cover any risk and that the token would be redeemable at its usual 1:1 ratio with the USD come Monday morning.
Closely aligning with President Biden’s Executive Order on digital assets.
With congress potentially to regulate.
Discussing the need for regulation of cross-border crypto payments.
The push comes amid the de-pegging and continued slip of Terra USD.
