Top U.S. Regulator Dismisses Stablecoin ‘Bank Run’ Threat as Market Soars Past $300B
The head of the U.S. Office of the Comptroller of the Currency (OCC), Jonathan Gould, has rejected fears that stablecoins may set off a sudden banking disaster, describing the danger of a deposit run as overstated and unlikely to happen with out warning. Speaking on the American Bankers Association (ABA) Annual Convention in Charlotte on…
