MotivationFromCrisis

#特朗普允许401(k)投资加密货币#
The asset reserve structure of stablecoins is usually similar to that of money market funds, primarily consisting of cash and high-quality short-term bonds. During the 2008 financial crisis, even the Reserve Primary Fund, which had a size of $63 billion, triggered market panic simply because it held 1.2% of Lehman Brothers' short-term bonds. This event led investors to withdraw $123 billion from money market funds in two weeks, highlighting the similar vulnerabilities of stablecoins and money market funds in the face of a crisis of confidence.
To assess the stability of USD
View OriginalThe asset reserve structure of stablecoins is usually similar to that of money market funds, primarily consisting of cash and high-quality short-term bonds. During the 2008 financial crisis, even the Reserve Primary Fund, which had a size of $63 billion, triggered market panic simply because it held 1.2% of Lehman Brothers' short-term bonds. This event led investors to withdraw $123 billion from money market funds in two weeks, highlighting the similar vulnerabilities of stablecoins and money market funds in the face of a crisis of confidence.
To assess the stability of USD