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SVB Fails, This Could Be The Big One - Bob Moriarty

LEOTHEPANTHERA

00:00

What Happened to Stable Coin?

This is going to have enormous ramifications. There are going to be thousands of businesses, high-tech startups in Silicon Valley who can't make payroll because their funds just disappeared. The fact that it's one of the 20 biggest banks in the United States, it's a big deal. And we are seeing not just for the Silicon Valley bank, I know that stock crashed, but also other stocks of banks around the banking system are falling right now.

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