>Is that a tongue in cheek reference to my inadvertently weird capitalization of wildcat as WildCat — no idea why I did that, maybe a throwback to my ThunderCats fandom of my youth.

No, but that's hilarious. Good catch!

I don't think "wildcat banking" would be known as that if the banks hadn't been poorly capitalized (as in, they didn't have the money). If the banks had actually worked out, we'd just be calling it "banking".

Today, stablecoins have a hilariously simple way to print money: just buy treasuries, money market funds, or whatever. We're not necessarily going to see them collapsing due to poor capitalization.