With the imprimatur of the government and a light patina of regulation, stablecoins will increasingly compete with bank deposits as a place for people to park their cash. But, of course, stablecoins will be much riskier.
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Donald Trump’s crypto embrace is a threat to Wall Street
Although Wall Street may not yet have woken up to the stablecoin challenge, it should be very worried about becoming another casualty of Silicon Valley disruption. Frankly, a lot of...
