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Stablecoins Risky Like 'Wildcat' Bank Practices of 19th Century, Gorton at Zhang Write

Inihalintulad ng ekonomista ng Yale na si Gary Gorton at ng abogado ng Federal Reserve ng U.S. na si Jeffery Zhang ang mga stablecoin sa isang panahon kung kailan naglabas ang mga pribadong bangko ng kanilang sariling mga tala.

Stablecoins have been likened to that of "wildcat" banking practices in the U.S. during the 19th century.
Stablecoins have been likened to that of "wildcat" banking practices in the U.S. during the 19th century.