"Once [banks] do a stablecoin, they’re essentially acknowledging full reserve is better than fractional reserve. And that’s something that they really, really, really don’t wanna do.”
That’s Scott Shay speaking with Mike Schroeder, CFA and Skyler Steinke on the
@AltFundsNetwork podcast, where he explains why N3XT was designed as the first full-reserve U.S. bank, the unique value it creates, and how bank stablecoin strategies are a quiet concession on the limitations of fractional reserve when needing to move money 24/7.
Watch the full Podcast to hear Scott break it down:
piped.video/watch?v=Ab9nsAI7…
Learn more about N3XT:
n3xt.io/?utm_source=X&utm_me…