USDC: A Way to Reduce Systemic Risk in the Banking System

I think thinking about innovative payment solutions such as USDC is actually a way to reduce the amount of systemic risk in the overall banking system. I was literally on a video call with a central bank this morning who is opening up their real-time payment system to FinTechs and to allow for that greater velocity of innovation. So I see, you know, one possibility of just reducing this overall risk of too big to fail in the banking system by helping the banks to focus on their core competency which is credit intermediation.