What if usdc depegging is just a practice run?
😜😜
Discussion
No joke.. you know they are watching how this plays out but the FDIC has a very low reserve of funds compared to the current losses of silvergate and SVB collapse. The flood gates will open if it comes out that the FDIC went under no bank can insure your funds save
Would be chaos!! But I won't lie, shenanigans in financial markets are a pet hate of mine. A small part of me wants to see it all unwind and we return to sanity. Its the suffering that I dont want to see tho