The collapse of silicon Valley Bank triggered a cascade of stablecoin depegs. Credit: Smith Collection/Gado/Getty Images. Key Takeaways The Federal Reserve has published its post-mortem analysis of the Silicon Valley Bank failure. When the bank collapsed earlier this year, it triggered a run on USDC that caused the stablecoin to depeg from the dollar. The Fed report explores how the USDC depeg spread contagiously across other stablecoins. The Federal Reserve has published a detailed analysis exam ...

We are getting some breaking news out of Treasury. Let's get over to Aean Jabbers. Morning Aman. Yeah, good morning Carl.I just came from a briefing with Secretary Bessant uh rare briefing on the record uh in his offices talking about a potential US intervention in Argentine financial markets. The Treasury Secretary saying to a small group of reporters just now that the United States is prepared for what he called a large and forceful intervention to stabilize Argentine financial markets, but that the uh ne ...