Another $224 million was reportedly lost when Babel #counterparties liquidated #collateral after the firm became unable to meet a large volume of margin calls.

you can’t wish away a #credit crunch and exposure to bad #counterparties.

you can’t wish away a #credit crunch and exposure to bad #counterparties.

you can’t wish away a #credit crunch and exposure to bad #counterparties.

you can’t wish away a #credit crunch and exposure to bad #counterparties.

you can’t wish away a #credit crunch and exposure to bad #counterparties.

you can’t wish away a #credit crunch and exposure to bad #counterparties.

The most among #counterparties, with #OKX seeing $47 million.

Which lent to #largely unknown #counterparties, didn’t blow up

In both cases, the entities would never need to reveal to the #public how much they hold in reserves or who their #counterparties are.

Similarly, #crypto lenders could show proof of funds being lent out to reputable #counterparties.

However, it didn’t mention #Binance as being among the top sending #counterparties.

103 #COUNTERPARTIES TAKE $2.132 #TLN AT THE FED REVERSE REPO OPERATION.

In essence, perpetual #futures are a contract between long and short #counterparties.

For Yates, introducing #CBDCs is akin to “making central bank reserves more widely available than just to #counterparties.”