The whole federal reserve system was set up for exactly this circumstance and is doing what it’s supposed to do. End bank panics
https://www.crf-usa.org/images/pdf/jpmorgan.pdf
The above is a reasonable read on the 1907-08 US banking crisis which led to the creation of the federal reserve. Sad/Ironic/Hilarious that we are just repeating the same mistakes as 1907/08.