CoinDesk: Acting OCC Chief Michael Hsu on Regulating Stablecoins After Terra 'Contagion'
Acting Comptroller of the Currency Michael Hsu discusses his take on the rise and fall of Terra's "hype-driven economy," its "contagion" to Tether (USDT) and the broader crypto ecosystem, and why he doesn't think he would regulate algorithmic stablecoins. Plus, Hsu's thoughts on a valid valuation model for crypto, and the latest in the OCC's consent order against Anchorage.
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