"People should be allowed to think of their bank deposits as theirs...when you make more than a $250k deposit to a bank you're making an unsecured loan to a leveraged counterparty that might fail."Custodia's Caitlin Long explains what's next for ba

C
The Exchange
S
Caitlin Long
Save Complete Collect Reco
Share on Twitter Copy link Share via
Video
"People should be allowed to think of their bank deposits as theirs...when you make more than a $250k deposit to a bank you're making an unsecured loan to a leveraged counterparty that might fail." Custodia's Caitlin Long explains what's next for banking & digital assets https://twitter.com/CNBCTheE...

"People should be allowed to think of their bank deposits as theirs...when you make more than a $250k deposit to a bank you're making an unsecured loan to a leveraged counterparty that might fail."

Custodia's Caitlin Long explains what's next for banking & digital assets https://twitter.com/CNBCTheExchange/status/1637878234514595854/video/1

 Show More
Recommended by
Recommendations from around the web and our community.
Lyn Alden 2mos

Good interview with @CaitlinLong_ by @KellyCNBC. -Caitlin’s bank Custodia wanted to back all deposits with reserves but was denied by the Fed. -The reluctance to allow and formalize stablecoins domestically has increased market share for offshore stablecoins.