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> if banks overestimate the actual value of the debts, they can end up in a situation where they are actually insolvent. I think everyone here knows they'd nev
by tata71 5y ago
> if banks overestimate the actual value of the debts, they can end up in a situation where they are actually insolvent.
I think everyone here knows they'd never do that!
- perl4ever 5y agoOf course they would do that, which is why they historically are required by regulators to more than 100% back their liabilities with assets. With stablecoins, does anyone even care?