Birdwatch Note Rating
2023-03-17 20:40:33 UTC - HELPFUL
Rated by Participant: 110013E6AD52C68B261A860A4268EAE66FCE4CD67A1ECF3C3F5C6B4C23ED2B6E
Participant Details
Original Note:
Out of an estimated 151.6 billion dollars of uninsured deposits crypto firms—most notably circle—only held funds of around 3.3 billion dollars https://cdr.ffiec.gov/Public/ViewFacsimileDirect.aspx?ds=call&idtype=id_rssd&id=802866&date=12312022 https://www.circle.com/blog/an-update-on-usdc-and-silicon-valley-bank
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