3min chapter

The Defiant - DeFi Podcast cover image

Why Is The Crypto Market Dumping?!

The Defiant - DeFi Podcast

CHAPTER

Is the Story of Silicon Valley Banks Like Crypto Friendly?

Banks are under, they're massively underwater on all those bonds. So you get into this problem where you have less options as a crypto company to bridge over to fiat. It's like the same kind of thing we saw with CFI last year happening in traditional banks. Like you would assume holding treasureies is a safe bet.

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