Why do you assume that? Apple's cash reserves and are not the same thing as a stablecoin reserves. One is cash that a company owns, like Apple, and their share

Why do you assume that? Apple's cash reserves and are not the same thing as a stablecoin reserves. One is cash that a company owns, like Apple, and their shareholders own it along with the rest of the company. The other is the cash reserve backing an etherealized USD bank account. It's an "other people's money" problem. That's kind of the interesting part, to me. USDT is, a "private money" in a more real sense.. or at least different. As long as coin prices float, no one owes anyone anything. A stablecoin implies a price guarantor, a currency peg operator. If things play out the fun way, stablecoins get sansacked by WSB's version of George Soros. Then, in the next iteration, CoinBanks are offering fixed interest accounts.