Nobel Prize winner warns of stablecoin risks as market cap hits $280bn
Nobel Prize-winning economist, Jean Tirole, warns retail investors of the hidden risks behind viewing stablecoins as “safe assets” considering it still has insufficient supervision. Summary Nobel Prize winner Jean Tirole warns that investors may gravitate towards riskier assets if U.S. government bonds fail to perform well. Stablecoin market cap rose by $16 billion in the…


