![The Tether Killer? A True Stablecoin Would Enhance Banking and Crypto The Tether Killer? A True Stablecoin Would Enhance Banking and Crypto](https://digitallifegaming.com/wp-content/uploads/2023/11/4KWB46IUJBEXPEZYRFP5ZTVO5U-768x402.jpg)
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The serious, potentially fatal flaw with a stablecoin like Tether is the potential for a “run on the bank.” Any stablecoin that invests in anything other than U.S. dollars in a bank account cannot assure its holders that they can redeem their stablecoin at any time, all at once, and receive 100% of the face value of the stablecoin.
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