USDC has 25% of USDC is being held in 6 different banks, one of which is SVB. With SBV collapsing after failing to raise capital is USDC in trouble? Will FDIC deposit insurance cover the hole?
CORRECTION: USDC has 25% of CASH reserves spread between 6 banks. 25% of USDC is being held in 6 different banks, one of which is SVB

●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬●
📖 Guides, tutorials and insights: https://boxmining.com/
Recommendation List: https://www.cryptoatlas.io/Boxmining
🌼Buy & Sell Bitcoin: https://join.swissborg.com/r/michaeOQZM
🔒Hardware Wallet: http://boxmining.co/ledger
👍🏻Brave Browser: http://boxmining.co/brave
📲Binance Exchange : http://boxmining.co/binance

●▬▬▬▬▬▬▬▬▬▬Community▬▬▬▬▬▬▬▬▬●
Boxmining clips: https://www.youtube.com/channel/UCjFy3VBgOZanySOLhQu6GaQ
Boxmining News Website: https://www.boxmining.com/
Telegram Group: https://t.me/BoxminingFam

●▬▬▬▬▬▬▬▬▬▬▬Social▬▬▬▬▬▬▬▬▬▬▬●
Twitter: https://twitter.com/boxmining
Discord: https://discord.gg/9qCpqpZm8G
Facebook: https://www.facebook.com/boxmining

●▬▬▬▬▬▬▬▬▬▬Disclaimer▬▬▬▬▬▬▬▬●
I’m not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.

source