I think one thing that is important to understand is that unlike a bank that wants to maybe hoard its deposits for its own lending business, as a full reserve model, we are not in the business of lending.
Editor's note · Context
Explaining the unique position of Circle in supporting community banks without lending.
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I think she agreed that she cannot just wave a magic wand or say that the mayor is gone, is going to be removed.
It is explicit in the agreement that our sovereignty is not threatened, so this is duplicative, and that is why I oppose it. Mr. Chairman, I have no further speakers. I yield back the balance of my time.
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