Here's a hypothetical scenario: you want to use $100 out of your bank account to buy newly issued stablecoins. The company issuing the stablecoins takes your dollars, puts them in its own bank account, and gives you a balance you can send around on a blockchain. You got the product you wanted, ...
Source: [CryptoSlate](https://cryptoslate.com/stablecoins-may-not-drain-banks-of-dollars-but-they-can-still-make-lending-more-expensive/)