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Breaking: IMF Sees Stablecoins Can Lead To Another "Crypto Winter"

source-logo  coingape.com 27 July 2022 12:59, UTC

The crypto market is reeling under pressure as a result of contagion due to the Terra-LUNA crash in May and liquidity crisis in June, with the U.S. interest rate hike adding more pressure to the “crypto winter”. Now, the International Monetary Fund believes the crypto market could see another sell-off and crypto failures, including stablecoins.

coingape.com