Скачать или смотреть Why SVB was just the beginning, the impact on the crypto world

In this video, we take a closer look at the recent events that led to the collapse of SVB, one of the largest banks in the United States. We examine how the bank's reliance on fractional reserve banking, a system that allows banks to lend out more money than they actually hold in reserves, contributed to its downfall.

We also explore how the collapse of SVB had a ripple effect on the stablecoin market, particularly the USD Coin (USDC), which was depagged from the US dollar due to the bank's failure. This depagging caused widespread panic among investors and led to a significant drop in the value of USDC.

We delve into the implications of such events for the wider financial system, including the risks posed by stablecoins and the need for regulatory oversight. We discuss how stablecoins, which are digital tokens pegged to a stable asset like the US dollar, have become increasingly popular as a means of facilitating cryptocurrency transactions, but also how their dependence on centralized intermediaries and fractional reserve banking can make them vulnerable to systemic risks.

Overall, this video provides a comprehensive overview of the collapse of SVB, the depagging of USDC, and the wider issues related to fractional reserve banking and stablecoins that have been brought to the fore by these events. Whether you're a cryptocurrency enthusiast or just interested in understanding the inner workings of the financial system, this video has something for you feel free to subscribe

(by the way, all of that description was written by ChatGPT in less than 15 🤯seconds, I'm not lazy, I'm efficient 💡)