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Are You Bullish or Bearish Onchain RWAs? | Roundup

Bell Curve

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The Tough Situation for Crypto Companies Today

A lot of companies would have their, they just had a USD held at prime trust. They might have an ACH reserve account with, you know, half a million or a million of prime trust. And there were a lot of these kind of smaller companies. That was one of the early indicators. Back on June 7, there were reports of having trouble withdrawing from prime trust. There's basically nothing that facilitates that anymore.

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