According to Foresight News, Curve Finance founder Michael Egorov recently said that the potential risks of over-collateralized stablecoins have become more prominent recently. These risks are not necessarily the reserve-related risks that investors usually mention, but geopolitical risks brought about by government regulation. "The underlying assets that support collateralized stablecoins, including cash deposits of financial institutions and government securities such as U.S. Treasury bonds, are vulnerable to asset freezes and seizures."