The economic effects are the same as in the real world...i.e. stablecoin is leverage in that one has to have more assets set aside to peg the stable coin during

The economic effects are the same as in the real world...i.e. stablecoin is leverage in that one has to have more assets set aside to peg the stable coin during bear markets. In short words more assets during bear market to help maintain the one dollar peg. Or opposite of the word stable coins during bear markets behind the scenes with the firms that have to dramatically increase the assets used to peg the one dollar value. That means we have two leverage levers at work the crypto coin used in trades and the stable coin itself.