Fed says US debt is the top threat to economic stability, criticizes stablecoins

The Federal Reserve has declared the US government’s $36 trillion debt as the biggest risk to financial stability, pushing inflation and geopolitical tensions down the list. This grim acknowledgment came after the central bank’s survey, conducted by New York Fed staff between August and October, which was included in its latest semi-annual financial stability report. […] source: https://www.cryptopolitan.com/fed-us-debt-threat-economic-stability/