NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access

Updated: 26 April, 2023
Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules.
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Article tags

Mark topics you are interested in and we’ll show you more similar

Welcome back!
Email*
Password*
Phone*
Forgot Password?

Enter your email and we'll send you instructions to reset your password