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Stablecoins: The Ultimate Bank Run Accelerator That Could Tank the System

Mike Hogan
July 9, 2025

Picture a bank run so fast it’s over before you blink—billions in deposits vanishing into stablecoins in milliseconds. Not like Silicon Valley Bank or First Republic, where runs unfolded over hours or days. Stablecoins, under proposed laws like GENIUS and STABLE, could turbocharge this chaos, prioritizing stablecoin holders over regular depositors and creating a game […]

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