From what I’m reading this hits a lot of startups and founders, most of the accounts were above the 250k insured limit. Apparently they sold a shitload of securities that are on other banks balance sheets and that might create all sorts of problems… re usdc: feels a bit like ust last year but not sure if it will go down. I personally wouldn’t mind but it would probably affect a lot of people in countries with high inflation who use this for saving and that would suck

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