ilmscore | Prediction Details
"will stable coins still be worth a dollar if something like this were to happen because think about it a lot of people joined the crypto space because they wanted to earn interest but if the president all of a sudden announces that people can't do that anymore the first thing that would most likely happen is people would run for the exit as they tried to convert their stable coins for dollars and we would get a run on the bank and that would be catastrophic"
By Andrei Jikh | February 15, 2022 | Pending
From video
URGENT Crypto Regulations Explained 00:05:59 - 00:06:25
Interpreted Prediction
A ban on crypto interest could cause a run on stablecoins, potentially leading to them de-pegging from the dollar and causing a catastrophic event similar to a bank run.

Prediction Details

Topic
Stablecoin Stability Risk

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