# Пов'язані статті щодо Bank Run

Центр новин HTX надає останні статті та поглиблений аналіз на тему "Bank Run", що охоплює ринкові тренди, оновлення проєктів, технологічні розробки та регуляторну політику в криптоіндустрії.

Redemption Wave Meets Credit Withdrawal Wave, US Private Credit Industry Faces 'Run Storm'

US private credit industry faces a liquidity crisis as investor redemptions surge and major banks tighten financing. Cliffwater and Morgan Stanley restricted withdrawals from multi-billion-dollar funds after redemption requests spiked to 14% and 10.9% of assets respectively in Q1, forcing partial payouts to avoid fire sales of illiquid assets. Simultaneously, JPMorgan reduced collateral values for software-sector loans in fund portfolios, curtailing future leverage availability. The squeeze stems from a net asset value (NAV) arbitrage dynamic: while public market software assets plummeted, private credit valuations remained inflated, prompting investors to redeem at above-market prices. This triggered a bank-run-like cycle where remaining investors face diluted values. Apollo plans to boost transparency with monthly NAV reporting. The $1.8 trillion industry, which expanded rapidly during the pandemic using bank leverage, now confronts underlying assets originated at peak valuations. Despite claims of continued software sector growth, pressure mounts as institutions reassess liquidity risks and valuation opacity.

marsbit03/12 02:47

Redemption Wave Meets Credit Withdrawal Wave, US Private Credit Industry Faces 'Run Storm'

marsbit03/12 02:47

The Fed’s Silicon Valley Bank Post-Mortem Explores How Stablecoin Depegs Become Contagious

The Federal Reserve's post-mortem analysis of the Silicon Valley Bank (SVB) collapse examines how the bank's failure triggered contagion in the stablecoin market. When SVB failed in March 2023, Circle disclosed it held uninsured reserves at the bank, causing a run on USDC. Panic led to massive redemptions and secondary market sell pressure, temporarily depegging USDC from the dollar. The Fed highlights how this stress spread contagiously to other stablecoins like Dai through interconnected DeFi mechanisms and smart contracts. Systems designed to maintain stability instead became channels for contagion, draining liquidity and threatening broader dollar pegs. The report concludes that financial stress can create two-way feedback between traditional finance and decentralized ecosystems, underscoring the need for further research into cross-system contagion risks as stablecoins integrate deeper into mainstream finance.

ccn.com12/24 14:19

The Fed’s Silicon Valley Bank Post-Mortem Explores How Stablecoin Depegs Become Contagious

ccn.com12/24 14:19

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