Hacker News new | ask | show | jobs
by tata71 1661 days ago
> if banks overestimate the actual value of the debts, they can end up in a situation where they are actually insolvent.

I think everyone here knows they'd never do that!
1 comments
perl4ever 1660 days ago
Of course they would do that, which is why they historically are required by regulators to more than 100% back their liabilities with assets.

With stablecoins, does anyone even care?

link