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+---
+type: video
+title: "SpaceX, FHLB Lending, and the Dollar Liquidity Scramble"
+date: 2026-06-25
+modified: 2026-06-25
+publication:
+  name: Mine Print Hash
+  issue: 2026
+  volume: 26
+tags:
+  - ai
+  - macro
+posse:
+  𝕏: https://x.com/MinePrintHash/status/2070272569715167389
+  YouTube: https://www.youtube.com/watch?v=vmhEnnHV49I
+  Substack: https://www.mineprinthash.com/p/spacex-fhlb-lending-and-the-dollar
+  LinkedIn: https://www.linkedin.com/posts/cotsuka_dollar-liquidity-stress-is-showing-up-far-share-7476038277914099713-t2Ki/
+---
+
+import YouTube from '@components/youtube.astro';
+
+Dollar liquidity stress is showing up far from the front page: SpaceX's $25B debt deal, FHLB advances to insurers, private-credit PIK stress, stablecoin settlement, and Bitcoin treasury companies.
+
+Matt Dines connects them as pieces of the same credit cycle.
+
+<YouTube
+  title="SpaceX, FHLB Lending, and the Dollar Liquidity Scramble"
+  videoURL="https://www.youtube.com/watch?v=vmhEnnHV49I"
+/>