Peter Todd on Nostr: Central banks could entirely remove the risk of this all collapsing over bank ...
Central banks could entirely remove the risk of this all collapsing over bank failures by offering zero risk euro accounts... They're obviously not going to do that to prop up the banking industry.
I had no idea MiCA requires EU-based stablecoins to hold 60% of their reserves in uninsured bank deposits.
https://www.ledgerinsights.com/eu-stablecoin-reserves-consultation/
Published at
2025-03-26 19:03:46Event JSON
{
"id": "a0b1ea4cb3bad93e9a3cfdb0f72a3ef9f18940ca2d342e30452a36e114f80887",
"pubkey": "ccaa58e37c99c85bc5e754028a718bd46485e5d3cb3345691ecab83c755d48cc",
"created_at": 1743015826,
"kind": 1,
"tags": [
[
"e",
"ff86dba2a315ecc732599a08765628d99e11e04c0ab53d4972e8e719c2fa9455",
"",
"mention"
],
[
"p",
"19f6b702319cd86be862856eaa7501f604bbd4936e006e918cce139b2a50d388",
"",
"mention"
],
[
"q",
"ff86dba2a315ecc732599a08765628d99e11e04c0ab53d4972e8e719c2fa9455"
]
],
"content": "Central banks could entirely remove the risk of this all collapsing over bank failures by offering zero risk euro accounts... They're obviously not going to do that to prop up the banking industry.\n\nnostr:nevent1qqs0lpkm5233tmx8xfve5zrk2c5dn8s3upxq4dfaf9ew3ecectafg4gppemhxue69uhkummn9ekx7mp0qgspna4hqgceekrtap3g2m42w5qlvp9m6jfkuqrwjxxvuyum9fgd8zqrqsqqqqqpj658t8",
"sig": "e3d3a0a8893f22d6469eaca004fb8258d738440ee21e1bf1ba8c79431d92f9f486bfadb0ca70ed356604c3afdb92076957373ff922699a8627c1a625e85d17d9"
}
