Stablecoin Run Risk: Could Treasury Fire Sales Become Crypto’s Next Systemic Shock?
BIS paper quantifies T-bill price impact from stablecoin outflows as regulators draft CIP rules. $313B market faces run risk tied to forced Treasury sales.
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BIS paper quantifies T-bill price impact from stablecoin outflows as regulators draft CIP rules. $313B market faces run risk tied to forced Treasury sales.