TechWhy GENIUS could leave digital dollars vulnerable to blockchain ‘bank runs’

A Federal Reserve economists’ paper finds that even fully backed stablecoins could face abrupt, coordinated redemptions when blockchain congestion makes small payments uneconomic and payment-network effects are weak. The study describes a latent mechanism rather than forecasting a current run, and its redemption measure includes movement away from Ethereum to other blockchains.

GENIUS ActstablecoinsEthereumblockchain congestion

CCryptoSlate★★☆☆☆2026-09-04 15:30Original