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Why GENIUS could leave digital dollars vulnerable to sudden blockchain network ‘bank runs’

Why GENIUS could leave digital dollars vulnerable to sudden blockchain network ‘bank runs’WorldPing

A Federal Reserve staff paper shows how congestion and weak network effects can push holders toward redemptions or chain migration even with safe backing.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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