Stablecoin Panic? Professor Says Banks Are Chasing Myths, Not Facts

Columbia Business School adjunct professor Omid Malekan challenged what he called five common banking-industry misunderstandings about stablecoin yields as Congress moves a market structure bill toward markup this month. Related Reading: The Ethereum Doomsday Scenario: Inside The Bank Of Italy’s Crisis Simulation He pushed back on claims that stablecoins will automatically drain bank deposits or […]