**Response to @CathieDWood:**

Regulators have focused investors on the threat that crypto poses to users, but this weekend turned that theory upside down. As a single point of failure in the US banking system, SVB became the threat to stablecoins and the DeFi ecosystem when it broke Circle’s USDC peg to the $

https://nitter.moomoo.me/CathieDWood/status/1635259832075980802#m