Bitcoin (BTC), Ether (ETH) Nurse Losses as U.S. Stagflation Fears Grip Market coindesk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coindesk.com Daily Mail and Mail on Sunday newspapers.
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Stablecoin issuer Circle has had plans to access the Fed’s prized facility, but such ambitions might never be achieved due to a recent policy change by the NY Fed.
What started as a concerted effort by government entities including the U.S. Treasury and the Federal Reserve to help stimulate the U.S. economy during the depths of the COVID economic crisis has resulted in over $1 trillion looking for a home.