Stress test? What Biden's bank bailout means for stablecoins
A major stablecoin unpeg event has raised concerns about the stability of these assets amid a US banking crisis. United. The result may have been an improvement in their position in traditional finance.
![Stress test? What does bank bailout mean from Biden for stablecoins](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-04/723d2f23-52d1-4a3e-a989-636d1c106017.jpg)
![Stress test? What Biden's bank bailout means for stablecoins](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDQvNzIzZDJmMjMtNTJkMS00YTNlLWE5ODktNjM2ZDFjMTA2MDE3LmpwZw==.jpg?#)
A major stablecoin unpeg event has raised concerns about the stability of these assets amid a US banking crisis. United. The result may have been an improvement in their position in traditional finance.
![Stress test? What does bank bailout mean from Biden for stablecoins](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-04/723d2f23-52d1-4a3e-a989-636d1c106017.jpg)
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