Jesse Powell

@jespow ↗

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Last Checked April 3, 2023

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Sat Mar 11 10:44:57 +0000 2023

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Jesse Powell @jespow

@krupda42 No. We don't have any material exposure to stablecoins. We don't treat them as interchangeable with USD so we're not taking price or liquidity risk on them. We run markets for USDC/USD and USDT/USD for exactly this reason. If you want to convert, you have to trade in the market. — PolitiTweet.org

Posted March 11, 2023

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Jesse Powell @jespow

Looks like $GUSD depegging as well, Gemini #BTC /USD trading at a 5% premium vs USD markets at other venues. https://t.co/9PsK0qhRdZ — PolitiTweet.org

Posted March 11, 2023

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Jesse Powell @jespow

@Dettox @0xnonex Correct. No exposure to SVB. — PolitiTweet.org

Posted March 11, 2023