foobar on Twitter: Rehypothecating collateral with multiple lenders, where have I seen this one before
Source: https://twitter.com/0xfoobar/status/1537508148575092737
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Susanne Trimbath PhD on Twitter: Government takes ownership of failed bank then sells loan portfolio to the public. ๐ค Why does that sound so-o-o familiar?
source: https://twitter.com/SusanneTrimbath/status/1643106003062513669
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foobar on Twitter: people don't appreciate decentralized bearer assets enough. decentralized - nobody else can adhoc modify it. bearer - if you hold it, it's yours. no counterparties. asset - socially accepted to have value.
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Contagion spreading? Circle on Twitter: Silicon Valley Bank is one of six banking partners Circle uses for managing the ~25% portion of USDC reserves held in cash.
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