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NFTs are on Monero?! What are mOrdinals? Will fungibility suffer? EPI #108

Monero Talk

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The Federal Reserve Created a Special Lending Facility, BTFP

The Federal Reserve created a special lending facility where banks like SVD can put up as collateral, these long-term, low yielding debt. The Federal Reserve will loan them the par value of that asset at the overnight rate plus a 10 basis point increase,. So what it means is that these banks now that might be in trouble don't have to sell those bonds at a loss. Only $11 billion has been loaned out with that lending facility.

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