The U.S. Banking System, Federal Reserve, & USDC Post-SVB Collapse with Ram Ahluwalia
Bankless
The Role of Money Markets in Driving Capital Formation
The banks can still make money by borrowing from depositors./nIf the banks raise their interest rates, depositors may start to move their money to money markets./nThis could lead to a problem for the banks if they can't compete with money market funds.
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