According to Foresight News, as reported by the Financial Times, Nobel Laureate in Economics Jean Tirole has warned that current regulation of stablecoins is "insufficient". If these tokens collapse during a future financial crisis, the government may be forced to inject billions of dollars for a bailout. Although stablecoins may be viewed as "absolutely safe deposits" by the general public, they could become a source of losses and trigger calls for the government to spend huge amounts on bailouts. Furthermore, using U.S. Treasury bonds as backing assets for stablecoins may become unpopular due to the relatively low yields of these underlying assets. As a result, issuers of stablecoins may be tempted to invest in "higher-yielding but riskier" other assets.