Stablecoins clearly improve speed, cost, and access—but they also introduce new risks that can’t be ignored.

As adoption grows, concerns are emerging around:
• Bank deposit flight (money leaving traditional systems)
• Dollarization in weaker economies
• Systemic risk if confidence in reserves drops

There’s also a deeper irony—stablecoins aim to fix traditional finance, yet could end up recreating similar power structures around issuers and regulators.

In short: they’re solving real inefficiencies, but at scale, they may reshape how global finance—and control—actually works.