Investors warned about risks of privately-issued stablecoins, which mimic CBDCs with added unique risks. Overcollateralized stablecoins at risk of bank runs. Algorithmic stablecoins face counterparty risks and dependencies. Technology can be used for good or misused, outcomes depend on informed investor choices. Stablecoin market cap surpasses $300 billion milestone.

Stablecoin market sees rapid innovation, likened to “10 black swan events.” Opportunities and risks emerge from disruptive tech progress. Stablecoin market cap exceeds $307 billion. Interest in stablecoins grows post GENIUS bill passage in US. Lawmakers divided on bill, with some calling it a CBDC Trojan Horse. Concerns raised about move towards cashless society and government control.

Read more at Cointelegraph: Stablecoins Are Just CBDCs in Privately-Issued Wrapper: VC