Money markets, repos and stablecoins pose threat to US financial stability

By Justin Pugsley
BRR fallback image

US markets face potential vulnerabilities around liquidity risks relating to money market funds, repo markets and even stablecoins, the Office of Financial Research (OFR) warned in its 2021 report to Congress.

The OFR acknowledges that liquidity risks have so far been contained this year. Nonetheless, it continues to worry that ...

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