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Are We Talking Hundreds of Billions at This Point in Stable Coins?
The pace at which this shadow banking and tese, these tokens that represent us dollars, is taking off, i think, is scaring the heck out of a whole lot of people. Because we're talking, are we talking hundreds of billions at this point in stable coins? I think, i think we are. And when you're looking at how banks manage their balance sheet with the assets and and the liability mixd that they've got to have for certain types of securities that they're holding, real estate that they'reHolding,. Now dealing with digital assets that are clearing immediately a it throws off the the the ability for them to kind of manage some of those ratiosnd manage them