Why Stablecoins should be banned: Yale’s Gorton

Gary Gorton, Yale School of Management, joins ‘Power Lunch’ to explain how stablecoins work, whether they should be banned and why he says they could be a risk to the financial system. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.