ilmscore | Prediction Details
"this could set the stage for a global financial crisis as a panelist on another discussion about interest rates noted that's because stable coins are backed by US Government debt this means that every time you buy a stable coin you're actually buying US Government debt behind the scenes"
By Coin Bureau | February 4, 2025 | Pending
From video
Crypto at Davos: Why the Global Elite Are Worried 00:16:01 - 00:16:25
Interpreted Prediction
The backing of stablecoins by US government debt poses a risk of triggering a global financial crisis if there is a mass redemption event.

Prediction Details

Topic
Stablecoins and US Government Debt

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