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German chancellor on brink of next bailout for bank

Like so?

note1ap9vnlr84er3nazhcl9pd4ehuwareqm54eqd375k557z2c0u8e0ssqv94y

So wait, stablecoins are not stable?

What do we call them then?

#USDC #SVB

Keep going nostriches!

How about Credit Suisse, next?

Only 2,7% of SVB deposits are less then $250,000. Meaning FDIC insured.

Almost a total bail-in.

Do you think this bank was “allowed” to fail just because of that?

This is largest bank failure in the US since 2008.

There will be contagion.

Chairman on brink of bailouts for banks.

Cypherpunks write code.