Global watchdog warns the $300 billion stablecoin market could face bank runs even with full reserves

- The Financial Stability Board just confirmed what every trader with a pulse already knew: stablecoins are basically digital bank runs waiting to happen. The $300 billion market is structurally fragile because moving reserves across borders during panic is slower than a Core Dynamics paperwork audit. You can redeem anywhere, but the cash is stuck in another jurisdiction’s settlement queue. It’s not a bug; it’s feature. While regulators dream of coordinated oversight, the blockchain moves at light speed and the banks move at glacial pace. If you’re holding tokens backed by assets that can’t teleport, you’re not an investor—you’re a meat wallet providing liquidity for someone else’s exit scam. Don’t say I didn’t warn you when the peg wobbles.