Crumbling Stability

Stablecoin optimism meets reality check: CRCL troubles highlight cracks in the global $38 trillion debt facade—‘crumbling stability’ in crypto and finance alike.

Close Up of Bitcoins

Image Source: Pexels
 

Bessent was giggling and prancing around about how stablecoins were going to totally address our $38 trillion dollar debt. Maybe he’s spent way too much time in his pink castle, because if Circle Internet (CRCL)a company specifically about stablecoins, is any guide, this idea just plain………..sucks.

Right, Scott?


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