In the shaky economic environment we’re currently in, what could be the trigger for the next liquidity crisis? Last week we published an article on private credit here that received a lot of attention. This week I was happy to contribute Straterix’s view on the effect of stablecoins on bank deposits to Risk.net. We don’t see it as a likely scenario, but only through a full-range scenario analysis can one understand its potential cascading effects on the institution specific behavioral patterns of its depositors. Thank you Luke Clancy at Risk.net for incorporating my views and putting yet another potential trigger in the spotlight!
