Fed may block Circle from accessing liquidity
Circle, the issuer of USD Coin, may be deemed "ineligible" for access to the Federal Reserve's money market due to new rules introduced by the New York Fed.
Source : [Fed may block Circle from accessing liquidity](crypto.news/fed-may-block-circle-from-accessing-liquidity/) by Sarah Jansen - Circle’s NY Fed•crypto.news by Sarah Jansen / April 26, 2023