What Is a ‘Bank Run’ and How Is It Analogous to a Stablecoin De-Peg Event?

A bank run occurs when a large number of customers, fearing the bank will become insolvent, withdraw their deposits simultaneously. Similarly, a stablecoin de-peg event is often triggered by a sudden, massive loss of confidence, causing users to rush to redeem or sell their stablecoins, overwhelming the system's ability to maintain the peg.