‘Totally Absurd’: Circle CEO Rejects Bank-Run Fears Over Stablecoin Yields
Circle CEO Jeremy Allaire has slammed concerns that stablecoin yields could trigger bank runs, calling them “totally absurd” during a Davos panel at the World Economic Forum. His blunt pushback adds fuel to the ongoing debate over regulation and clears the air around how stablecoins actually fit into the modern financial system, separating noise from reality in…