reserve

It sends a clear message: Federal accountability is a privilege reserved for the powerful.

More recently, short-term funding rates spiked in late October relative to interest paid on reserves, as the chart below shows.

Still the stock is down over 11%, in part because investors are worrying about the interest Circle earns from the reserves that back its stablecoin.

With qualification still to be earned for Euro 2028, two spots held in reserve for host countries gives the four home nations a fallback option if required.

“That’s typically reserved for rich white kids that come from Greenwich.”