Birdwatch Note Rating
2023-03-17 17:33:24 UTC - HELPFUL
Rated by Participant: C4DA91DE2E7C7F4451F9CE42A05FC276AE497269976B5F27164C6E25865B3355
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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