Reddit user mesutdmn posted this:

https://void.cat/d/PtyVatrpStmKYtWXxdqFxC.webp

Tag him/her, if here on nostr!

This is just nuts. Grateful that I never touched a stablecoin or am in any way exposed to those banks.

Source: https://www.reddit.com/r/CryptoCurrency/comments/11o0d16/banks_that_keeping_988_billion_cash_reserves_of/

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Another user, Infamous_Sympathy_91, shared this regarding the SVB.

According to this: 97.3% of SVB deposits aren't FDIC insured

🙈