As crypto becomes increasingly integrated into the real economy, massive downturns could begin to impact regular people, especially if stablecoins collapse (Matt Levine/Bloomberg)

Matt Levine / Bloomberg:
As crypto becomes increasingly integrated into the real economy, massive downturns could begin to impact regular people, especially if stablecoins collapse  —  Programming note: Money Stuff will be off tomorrow, back on Monday.  —  Crypto  —  In 2008 the prices of some structured credit products built …