Too Long; Didn't Read
Gennaro is the founder of FourWeekMBA, a leading source on business model innovation. He says stablecoins might have been conceived as an "innovation" they might also be posing a threat to the whole crypto ecosystem. They enable anyone to use them even without having a bank account and as an easy way to transact across the globe. Stablecoins also make the whole system much more fragile, as they rely often on private organizations that lack transparency, and their balance sheets currently look more like black holes where we don't know for sure what's behind.