3min chapter

Unchained cover image

Why Caitlin Long and Meltem Demirors Are Worried About Crypto’s Future in the US - Ep. 470

Unchained

CHAPTER

Silvergate and the Risk Management of a Bank

The causes of the demise of each of these were a little bit different. I was just curious for each of your opinions, what do you each think took Silvergate down? In my view, the Silvergate situation is duration mismatch on assets and liabilities. The issue with silvergate is crypto is a hot ball of money, right? Crypto deposits are very volatile. And particularly over the last six months, people who may have historically held really large cash balances on deposit are now looking to draw them down.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode