5min chapter

Bankless cover image

The U.S. Banking System, Federal Reserve, & USDC Post-SVB Collapse with Ram Ahluwalia

Bankless

CHAPTER

Banks and the Financial Alchemy

The pipes for fitting a bank run through are larger than they've ever been before. Banks rely on public confidence in the United States and across the world. It's great to be a bank, but it doesn't work if you get a bank run. We have a fractional reserve banking system. No bank can survive a full-fledged bank run by design.

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