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Crypto’s 2001 Moment: How Bad Will This Get? | Avichal Garg & Haseeb Qureshi

Empire

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The Biggest Lender in Cryptocurrency?

Haseeb: There are a lot of people who are scared right now about tether and about USDC. But I think those are not the places that you should be worried. Haseeb: Genesis to me feels like, especially after yesterday with the inflation print, with the market feeling, you know, some legs again, that I think people would have stepped up to save Genesis. If Genesis goes, everything in CFI goes. That is the kind of central choke point that would have taken almost everything down because Genesis is almost everybody as a counterparty.

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