Weekly Roundup 05/13/22 (Terra collapses, FASB reconsiders Bitcoin accounting, the Fed's third mandate) (EP.318)
On The Brink with Castle Island
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What Do You Expect to See in the Coming Weeks?
The retail are the biggest losers here, because this was a very popular product. Anchor had the best yields in crypto, they were a lot of neo bank style inner faces to anchor. Even tho s understood that anchor was pansy, like the yields were subsidized. This's also the regulatory dynamics. I think it can be classic pretext for regulators com inand and a, you know, stir up some nonsense in the stable coin space.
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