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Will Young 🏋️🏋️🦸
@youngboy
Stablecoins And The Parallels With Money Market Funds The post draws parallels between the growth of stablecoins and the development of money market funds in the 1970s—MMF now holds over $7.2 Trillion in financial assets How stablecoins face MMFs' old criticisms which includes: > Systemic risk and risks to safety and soundness of banking sector > Unfair regulatory arbitrage > Undermine monetary policy transmission👇 Source: https://x.com/shawnwlim/status/1906022897447309391
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