[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] [@bookdepth](/creator/twitter/bookdepth) "We are blowing one of our greatest national advantages for literally no fucking reason. Someone like Tao saying something like this would be a max-panic moment in a country that wasn't run by the dumbest government in American history" [X Link](https://x.com/bookdepth/status/1984346240671519017) [@bookdepth](/creator/x/bookdepth) 2025-10-31T19:46Z 9178 followers, 105.1K engagements "@amandalfischer Of US-based issuers I can only think of USDC depeg in March 2023 which happened because their uninsured bank deposits at SVB were at risk of going to zero. In that case the risk actually propagated from dollars into stablecoins not the other way around" [X Link](https://x.com/bookdepth/status/1986143406016405753) [@bookdepth](/creator/x/bookdepth) 2025-11-05T18:47Z 9178 followers, XXX engagements "@amandalfischer There isn't a stablecoin currently in the market that doesn't have burn fees of some kind in the ordinary course of business there is no arb because 2ndary market prices reflect burn fees. burning is only an arb if the secondary market depegs" [X Link](https://x.com/bookdepth/status/1985941569397031085) [@bookdepth](/creator/x/bookdepth) 2025-11-05T05:25Z 9183 followers, XX engagements "@amandalfischer I agree with you that people should have more access to direct liquidity instead of having to use the secondary market but it's worth saying that the secondary market has been pretty reliable historically" [X Link](https://x.com/bookdepth/status/1986143918984171695) [@bookdepth](/creator/x/bookdepth) 2025-11-05T18:49Z 9178 followers, XXX engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
@bookdepth
"We are blowing one of our greatest national advantages for literally no fucking reason. Someone like Tao saying something like this would be a max-panic moment in a country that wasn't run by the dumbest government in American history"
X Link @bookdepth 2025-10-31T19:46Z 9178 followers, 105.1K engagements
"@amandalfischer Of US-based issuers I can only think of USDC depeg in March 2023 which happened because their uninsured bank deposits at SVB were at risk of going to zero. In that case the risk actually propagated from dollars into stablecoins not the other way around"
X Link @bookdepth 2025-11-05T18:47Z 9178 followers, XXX engagements
"@amandalfischer There isn't a stablecoin currently in the market that doesn't have burn fees of some kind in the ordinary course of business there is no arb because 2ndary market prices reflect burn fees. burning is only an arb if the secondary market depegs"
X Link @bookdepth 2025-11-05T05:25Z 9183 followers, XX engagements
"@amandalfischer I agree with you that people should have more access to direct liquidity instead of having to use the secondary market but it's worth saying that the secondary market has been pretty reliable historically"
X Link @bookdepth 2025-11-05T18:49Z 9178 followers, XXX engagements
/creator/twitter::30759148/posts