Birdwatch Note Rating
2023-03-18 23:47:50 UTC - SOMEWHAT_HELPFUL
Rated by Participant: F1A4AA440225EF3716C39544EC17C6AB7E781524E82B6283D35EE8782DE60929
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