Stablecoins already do this. Traders aren't exiting the crypto ecosystem during selloffs, they just go to stablecoins and move unlimited sums back into risk ass

Stablecoins already do this. Traders aren't exiting the crypto ecosystem during selloffs, they just go to stablecoins and move unlimited sums back into risk assets at a moment's notice. This is the FederalReserve taking a measured analysis, saying "wow all those luddites were hilariously wrong and have no idea what they're talking about, but we're going to stop just short of saying this is already pretty amazing".