Circle: $3.3 Bn at SVB ๐Ÿฅฒ

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USDC steady lads deploying more capital ๐Ÿ’€

Oh. Wow.

yea $3.3b of the $9B cash reserves held at banks .. ๐Ÿฅฒ

Ouf ๐Ÿ˜ฎโ€๐Ÿ’จ

$2.4Bn withdraws in last 24 hours.

$2.3Bn cash bal today so need $37.6Bn for the USDC

oh and yea they canโ€™t sell treasuries over the weekend

๐Ÿคก