Financial Times/Katie Martin/5-12-2022
“’The rapid growth of stablecoin issuance could, in time, have implications for the functioning of short-term credit markets,’ Fitch’s analysts said, pointing to a ‘potential asset contagion risks linked to the liquidation of stablecoin reserve holdings.’”
USAGOLD note: This can’t be true, can it? A general finfancial contagion starting with crypto? Gotta love the not so cryptic reference to Las Vegas.
