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Morgan Stanley: Could A Banking Crisis Drive Adoption?

Empire

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The Importance of Transparency in Banking

The eye-opening moment for me was curve, where there was no reason for your trade as stablecoin in any centralized exchange. And a lot of critics of like, you know, DEXs were like, why would you ever use a DEX? It's not to say that we're going to do one-for-one mirror what's to your point around infrastructure. Maybe the obfuscation is by design, so that these bank runs don't happen. I don't know.

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