There Is A Story About What If Stable Coin Collapses

An Economics Professor At Cornell University Warned About The Consequences Of A Collapse Of The Stable Coin

Stable Coin Failure Could Impact The Us Bond Market

Stable Coins Allow People To Trade Without Converting Their Funds Into Currency

Out Of The 881 Billion Value Of The Entire Market It Accounts For Approximately 145 Billion

Stable Coins Are Backed By Realworld Assets Such As Bonds

Eswar Prasad Said Regulators Are Concerned About The Impact On Traditional Financial Markets

If There Is A Run It Will Cause Users To Redeem Their Coins And The Issuer To Sell Off Their Assets In The Reserves