Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global, said investors should "tread carefully" when considering privately issued stablecoins because stablecoins not only carry all the risks of central bank digital currencies (CBDCs), but also their own unique risks.
He said that if JPMorgan issued a dollar stablecoin and controlled it through the Patriot Act or other future legislation, they could freeze your funds and strip you of your bank account. Investors should "know right from wrong" and read the fine print of any stablecoin. "
Founder of Sentinel Global: Stablecoins have all the risks of a CBDC, but also their own unique risks
2025-10-18 21:51:21
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