Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin

Cornell Professor Warns of Disruption to U.S. Bond Market From Potential Collapse of Major StablecoinA professor from Cornell University has warned about the potential effects a collapse of a major stablecoin could have on the U.S. bond market. Eswar Prasad said that if large stablecoins face a collapse, the number of Treasury bonds they would need to sell could disrupt the U.S. Treasuries market, affecting prices. Cornell Profesor Alerts […]

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