USDC is Collapsing: DEPEG is happening

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? 🌼 GET $30,000 in rewards on Bybit: https://partner.bybit.com/b/boxyt 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.