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Listen "#11: EMERGENCY POD: SVB, Silvergate, and USDC de-pegs"
Episode Synopsis
This weekend, the unthinkable happened – Chelsea finally won away from home. In smaller news – a major startup bank paused withdrawals causing the second-largest stablecoin to depeg. Told you the Chelsea news was waaayy bigger.
To make sense of wtf happened – our resident BIG BRAIN VC and OG TradFi bro Prashanth breaks down the situation.
Here’s what you can expect:
- What happened with SVB?
- Why did USDC depeg because of this?
- Does this make USDC stronger or weaker?
- Can Chelsea really keep up the winning run?
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
To make sense of wtf happened – our resident BIG BRAIN VC and OG TradFi bro Prashanth breaks down the situation.
Here’s what you can expect:
- What happened with SVB?
- Why did USDC depeg because of this?
- Does this make USDC stronger or weaker?
- Can Chelsea really keep up the winning run?
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
In God we trust