In this video, we will discuss the latest developments in the U.S. banking system and the crypto markets. We will cover the following topics:
How the Federal Reserve Board created a $25 billion loan program to support banks and prevent liquidity crises
How Binance converted $1 billion of BUSD to bitcoin, ether and BNB to boost its reserves
How Euler Finance raised $32 million from major crypto players like FTX, Coinbase and Uniswap
How USDC holders were protected from the closure of two banks by regulators and how USDC remains redeemable 1:1 with the U.S. dollar
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