Birdwatch Note Rating
2023-03-17 04:31:03 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 6F8A1B248B9EBABD7851E8F58379C4C40EC576116918A9AC506154E8E5B8832B
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
All Note Details