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The U.S. Banking System, Federal Reserve, & USDC Post-SVB Collapse with Ram Ahluwalia
Bankless
USDC Is the First CDBC
USDC had to go through these smaller banks like Silvergate first and signature. So USDC only fails if the US banking system fails. And arguably, USDC is the first CDBC. It's perplexing to me that regulators and those in DC haven't realized this. I think they're going to connect the dots real quick now.
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