Sandboc can run an S/L on the marin still

I suggested at the time that these worries were probably exaggerated. The stablecoin's full backing meant that Libra issues and redemptions could not have a disproportionate impact on the supply of money and credit.

Libra's Star May Rise Again

Diego at Alt-M got good stuff. But this little accounting identity is always a bounded approximation and the spread makes can run automated S/L on that mark and risk loose coins.  Remember, the lowest level of Markov is non profit, no risk should be greater than pit boss account.