Stablecoins Pose 'Systemic Risk' To US Banks And Dollar, Former BoE Advisor Warns: 'They're Very Bad Customers For The Banking System'

A former Bank of England economist is raising red flags over the growing role of stablecoins in the U. S. financial system, with major implications for banks, as well as the U. S. Dollar. source: https://www.benzinga.com/crypto/cryptocurrency/25/06/45981734/stablecoins-pose-systemic-risk-to-us-banks-and-dollar-former-boe-advisor-warns-theyre-very-bad-customers-for-the-banking-system?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site