Fitch Says Stablecoin Will Affect Security Markets 
<p>Fitch Ratings., one of the largest credit rating agencies in the world, said stablecoins can be disruptive to securities and commercial paper markets, in the report published on Monday.</p>
<p>The report, mentioning the growth of stablecoins during the pandemic, highlighting tether (USDT) and Facebook’s planned “Diem”, says that stablecoin-related turbulence could affect the commercial paper markets, as well as transmit shocks to other market participants.</p>

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