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Treasury looks at run risks in stablecoins, pushes for new rule proposals

WASHINGTON, DC - AUGUST 03: Treasury Secretary Janet Yellen departs from a meeting in the U.S. Capitol Building on August 03, 2021 in Washington, DC. The Senate has moved on to the amendments process this week for the legislative text of the $1 trillion infrastructure bill, which aims to fund improvements to roads, bridges, dams, climate resiliency and broadband internet.  (Photo by Anna Moneymaker/Getty Images)
Treasury Secretary Janet Yellen departs from a meeting in the U.S. Capitol Building on August 03, 2021 in Washington, DC. (Photo by Anna Moneymaker/Getty Images)
Anna Moneymaker via Getty Images

Stablecoins, a fast-growing part of the crypto market,…

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