Quote from: Croin on March 04, 2023, 12:32:49 PM

as Silvergate seems to have issues more and more players seem to have exposure to them.
How do you assess the risk for USDC, especially bcs Circle has def. exposure to Silvergate.

Once Silvergate goes bust, whats the risk that also USDC depegs?

Along comes silicon valley bank as well at the same time. I know that it is not going to be easy at all for people to realize that this is going to hurt the world, not just USA, not just some companies, but this is going to hurt the whole world.

Well, these won't be the last banks that will crash, we are going to see plenty of them at the same time and that is why I believe that we will see another bail out period and that means we are going to end up with a ton of money printed to save these banks as well. So all in all it is going to hurt the world as well because whenever banks in the USA fails, that has a ripple impact on the whole world, aka 2008 style.