The head of the U.S. Office of the Comptroller of the Currency (OCC), Jonathan Gould, has rejected fears that stablecoins could trigger a sudden banking crisis, describing the risk of a deposit run as overstated and unlikely to occur without warning. Speaking at the American Bankers Association (ABA) Annual Convention in Charlotte on October 19, Gould told attendees that any large movement of deposits linked to stablecoins “would not happen in unnoticed fashion” and “would not happen overnight.” His comm ...