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A comment on Coinbase suspending USDC:USD conversions over the weekend. Parent comment

Re:Coinbase suspending USDC:USD conversions over the weekend by lukeschlather on Saturday March 11, 2023 @11:42AM (#35109978)
All the people involved are institutional investors. 0% of people who have USD savings under $250k are affected by this. On the other hand, anybody who has a significant portion of their net worth tied up in cryptocurrency is affected by this.
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Re:Coinbase suspending USDC:USD conversions over the weekend by 101011 on Saturday March 11, 2023 @12:49PM (#35110735)
Minor correction, people employed by companies that banked with SVB are also heavily affected here.
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Re:Coinbase suspending USDC:USD conversions over the weekend by FabHK on Sunday March 12, 2023 @08:00AM (#35119103)
Indeed, if your company is in the banking business without understanding the banking business, you might have a surprise coming up. As in most other industries.
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Re:Coinbase suspending USDC:USD conversions over the weekend by johnmaguire on Saturday March 11, 2023 @12:53PM (#35110760)
... and all the people and companies those companies banking with SVB have to pay?
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