Weekly Roundup 05/13/22 (Terra collapses, FASB reconsiders Bitcoin accounting, the Fed's third mandate) (EP.318)
On The Brink with Castle Island
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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