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Lyn Alden @LynAldenContact · Mar 20, 2023
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Good interview with @CaitlinLong_ by @KellyCNBC. -Caitlin’s bank Custodia wanted to back all deposits with reserves but was denied by the Fed. -The reluctance to allow and formalize stablecoins domestically has increased market share for offshore stablecoins.

Video Mar 20, 2023
"People should be allowed to think of their bank deposits as theirs...when you make more than a $250k deposit to a bank you're making an unsecured loan to a leveraged counterparty that might fail."Custodia's Caitlin Long explains what's next for ba
by The Exchange and Caitlin Long
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