“Level Playing Field Approaching” – Seeds of Wisdom RV/GCR Update(s) from Goldilocks 5-31-23

Goldilocks and Seeds of Wisdom Goldilocks posted some news links with comments this morning: We are about a month away from the Libor lending transition into SOFR lending services. Companies are rushing to meet this deadline to keep from receiving lower position rates in the new Financial System collateralized by Treasury Securities. At this time, we are expecting Stablecoin regulations to be complete as well on the QFS. Many assets will begin to go live from this moment on under a standardized asset backing. Hence, we get the name Gold Standard. Some companies will struggle to meet these deadlines, and…