6min chapter

Bankless cover image

The U.S. Banking System, Federal Reserve, & USDC Post-SVB Collapse with Ram Ahluwalia

Bankless

CHAPTER

Usdc

CNN's John Defterios: I am totally waiting for the Fed to just be like, oh, yeah, we're researching a central bank digital currency. And then them basically to co-op something like USDC and be like, this is mine now. Do you think? Well, yeah, in a certain way it did. Maybe, you know, JP Morgan acquires USDC or circle that could be interesting acquisition to complete the loop. That was not their objective; they were not trying to make money out of U.S. crypto infrastructure. But look at what's going to happen here! The federal government has national critical crypto infrastructure. We need to get a meme about

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