Opinion: Stablecoins are setting the stage for the next financial meltdown - MarketWatch
1. Trump administration's stablecoin push privatizes U.S. dollar, indicating market shifts. 2. Mass migration to stablecoins anticipated, predicting $6.6 trillion move from banks. 3. Stablecoins may trigger financial instability during bank runs and market drops. 4. Proposed Federal Reserve digital wallet could foster more stable financial transactions. 5. Bitcoin faces competition as stablecoins and Fed digital currency gain traction.