One of the most bullish cases for ETH is becoming the primary base currency for trading BTC, more so than any fiat currency. If you want BTC, you will need ETH.
The Discount Window. The Swap Lines. The Standing Repo Facility. The Reserve Balances. The Bank Term Funding Program. The Term Auction Facility. The Commercial Paper Funding.
We’re putting it all onchain. All of it.
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