Comment Comment by dragontamer Short term treasuries still take time to change into US Dollars. A bank run could make USDC insolvent in the short term, in theory.That's why you have FDIC insurance to cover the time period between say, a 30 day treasury and the worst case bank run.That being said, such an event hasn't really happened in decades. So it's relatively low chance of happening. parent dragontamer 4 years ago
That's why you have FDIC insurance to cover the time period between say, a 30 day treasury and the worst case bank run.
That being said, such an event hasn't really happened in decades. So it's relatively low chance of happening.