Birdwatch Note Rating
2023-03-17 03:50:26 UTC - HELPFUL
Rated by Participant: 95966F00E7DABAD72539708F89CCE3553F98BA2FB4D7D8F87EFCCA5FA9F285FF
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