What is with this double and triple posts mate? Couldn't you just sum up your comments in a single post?
Stablecoins are dangerous only if there is a condition like "bank rush" (or coin rush?) because I'm pretty sure they also implement the "fractional reserve" system.
For every USDT, USDC, etc., they won't back it 1:1 otherwise they won't get any profit.
Go it, Will try to resume comments. Sorry if this was annoying for you.
For me, it does not really make a difference if they back the stablecoins or not.
Backed by a non-limit printed dollar ?? makes 0 sense for me.
inflation welcome in crypto!