Stablecoin Growth = Systemic Risk?

[etfs]

Fitch says booming stablecoin adoption could pose financial system risks, especially if stablecoins become big enough to influence the U.S. Treasury market. Moody’s recently echoed similar concerns about stablecoins weakening U.S. monetary control.

[Rimon Khan]

Regulators will definitely use this narrative.

[Nahid Hossen]

Growth is huge, but risk depends on transparency.