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A comment on USDC's Circle Moves $8.7B to Repo Agreements to Protect Reserves from US Default. Parent comment

Re:USDC's Circle Moves $8.7B to Repo Agreements to Protect R... by JumpCrisscross on Thursday May 18, 2023 @10:41AM (#35988657)
> Default isn't even on the table...both McCarthy and Biden have both said that

Neither controls the process. They have strong influence over it. But not enough to definitively stave off chaos.

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