The Looming Threat of Systemic Bank Runs: What Congress's Stablecoin Bills Mean for the Financial Sector

In recent discussions within Congress, the increasing risks associated with stablecoins have come to the forefront as lawmakers consider a series of bills aimed at regulating these digital assets. These developments coincide with a broader apprehension regarding a potential systemic bank run, which could emerge if stablecoins do not have their risks effectively mitigated.

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