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Boop.Fun leading the way with a new launchpad on Solana.
Not only have we been warning about this for years, it has actually happened, indirectly. The stablecoin issuer Circle was bailed out by the US Treasury after its uninsured deposits in Signature Bank NY evaporated. SBNY was fire selling USD safe assets to raise cash to fund a bank run.
30.7.2025
A Bank of International Settlements study warns that a bank run on a major stablecoin issuer could cause "potential fire sales" in short-dated US Treasuries.
Stablecoin issuers' pricing impact on the world's largest bond market is "already measurable" and growing... 🧵
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