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3232Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin
https://www.digit.info/cornell-professor-warns-of-disruption-to-us-bond-market-from-potential-collapse-of-major-stablecoin/
Mon, 16 Jan 2023 10:30:23 +0000https://www.digit.info/2023/01/16/cornell-professor-warns-of-disruption-to-us-bond-market-from-potential-collapse-of-major-stablecoin/Read more]]>A 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 […]
A 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 […]