Curve founder: Potential risks of over-collateralized stablecoins may come from government regulation

On October 31st, founder of decentralized lending platform Curve Finance, Michael Egorov, believes that the potential risk of over-collateralized stablecoins is not necessarily reserve-related risks that investors commonly pay attention to, but rather geopolitical risks brought about by government regulation. Egorov stated in an interview that the underlying assets supporting collateralized stablecoins, including financial institutions' cash deposits and government securities such as US Treasuries, are easily affected by asset freezes and seizures.