TipMeACoffee

#clements
rubina222
@rubina222 in Status·2 years ago

#During the current crisis, many people were #surprised “at the extent of the duration mismatch and lack of interest rate hedges at SVB, as well as he #extent of Circle’s exposure to this bank,” said #Clements

rubina222
@rubina222 in Status·2 years ago

 discussion to date on the risks of fiat-backed coins like USDC has #focu

the #extent of Circle’s exposure to this bank,” said #Clements. #Other factors that can unhinge a stablecoin are

#issuer insolvency and reserve custodian 

rubina222
@rubina222 in Status·2 years ago

the #extent of Circle’s exposure to this bank,” said #Clements. #Other factors that can unhinge a stablecoin are

#issuer insolvency and reserve custodian 

rubina222
@rubina222 in Status·2 years ago

the #extent of Circle’s exposure to this bank,” said #Clements. #Other factors that can unhinge a stablecoin are insolvency, said Clements. Investor perceptions #also have to be considered — especially in the age