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This is the tale of how crypto liquidity saved a massive technical disaster while the traditional banking system was literally on holiday.
The collapse: December 31st
Hours were ticking down to the year's end. In the plant, the systems were running at full throttle to maintain the temperature and oxygen levels of a battery of circular geomembrane tanks. Suddenly, the worst-case scenario: a Siemens soft starter (the electronic brain that protects the motors of the pumps) toasted completely after days of continuous operation.