A stablecoin collapse could spill into U.S. bond market: Academic
Written by Black Hot Fire Network on January 13, 2023
The near $1.4 trillion collapse of the crypto market in 2022 didn't make a dent to traditional assets like stocks or to the real economy.
But one academic has warned that the failure of a major stablecoin could have an impact on the U.S. bond market, marking a potential new area that investors need to keep an eye on as contagion continues to spread across the industry.
Stablecoins are a type of digital currency . . .