Which country and which stablecoin do you have in mind, if I may ask; just curious. A big difference with banks is that in most countries with well regulated b

Which country and which stablecoin do you have in mind, if I may ask; just curious. A big difference with banks is that in most countries with well regulated banking the government will step in to bail out the account holder in a registered bank if that bank goes under. While most government officials will sing and dance if a stablecoin (which complicates their monetary decisions and, if big enough, can even arbitrage those away) fails. Government support is not the only thing that matters, but it is an important thing to consider when comparing a stablecoin vs fiat.