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its low probability but not impossible i think

depends if the party line the media plays goes from "xyz bank might be unstable" to "small banks might be unstable". if that jumps from fintwit to cnn, houston, we have a problem

What coming crash? Even if there is a crash, there must be a lot of regional banks in good shape. If you meant only 6-8 of the essential ones will survive, there are really only that many essential banks.

No one could possibly know any of that.

what is the difference betweeen a CBDC and TreasuryDirect

The plan for many central banks is for CBDCs replace physical cash. I believe China has started with its digital yuan.

TreasuryDirect is just a place where you purchase tbills and bonds right?

its kind of rhetorical question.

imagine if TD produced a payment card that worked like a debit card. . . . wouldnt that be a whole lot like a cbdc?