3 ms·
The article links to a post by Fitch Ratings[1] (from two months ago) about how the dumping of stablecoin reserves could affect the rest of the financial market
by wcoenen 5y ago
The article links to a post by Fitch Ratings[1] (from two months ago) about how the dumping of stablecoin reserves could affect the rest of the financial market. That still seems to be the most plausible mechanism for contagion.
[1] https://www.fitchratings.com/research/fund-asset-managers/stablecoins-could-pose-new-short-term-credit-market-risks-01-07-2021 https://www.fitchratings.com/research/fund-asset-managers/st...