The Druid Deep Dive, Episode 9, Part 2: The Eurodollar shadow: when dollars escape their makers
Eurodollar market (1957–2008): Unregulated offshore dollars grew to $13T from Cold War origins, outpacing US supply. 2008 freeze forced Fed $600B swaps. Parallels like USDT: deep liquidity but vulnerable to runs without backstop, risking DeFi Pools need infrastructure & formalization
