USDC Depegs, Silicon Valley Bank & Silvergate Collapse, FED Intervention with Souvlaki

1 year ago

In this episode of What's On My Mind with Nick and Souvlaki, we discuss what happened regarding the collapse of SVB and Silvergate banks which led to the depegging of the stablecoin USDC over the weekend. We further discuss the resolution to questions around Signature Banks that lead to the shutdowns, FED intervention and how they made depositors whole, and further implications for the crypto and equities markets.

We hope this episode was insightful for you and please stay safe.

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📜 Disclaimer 📜

This video is for informational purposes only. Nothing contained shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial adviser or registered investment adviser. Trading cryptocurrencies poses considerable risk of loss.

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