A market crash with more crypto could go horribly wrong

Regulatory tailwinds are stimulating growth in crypto assets and greater integration between the crypto world and traditional financial (TradFi) firms. While proponents argue this will unleash a new wave of innovation, sceptics point to serious systemic risks that could lead to contagion and market disruption in ways that are difficult to predict. We examine six ways that cryptocurrencies and stablecoins could cause instability in the wider financial system.
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