Circle, the company behind the $USDC stable coin says it has over $3.3 billion dollars of user money in Silicon Valley Bank $SIVB
Thanks for playing USDC
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI— Mental Videos (@MentalVids) March 15, 2023
>literal who purchased a blue tick on twitter and makes claims with no sources
he's a big account
Gonna need some sauce on that.
Oh Lawd. USDC is kill
Yet btc is recovering.
>retarded fiat naggers are retardedly buying shitcoin
I can't wait to see them lose even more. I'll be laughing while fondling my gold and silver.
i can tell by the way you speak that you're wrong
i can tell by the way you speak that you're right
I can tell by the way you speak that you're maybe
They have two options - get into tether or btc.
It's the only way to redeem your stables. This always happens in these events in the short term. You can't just go stables to dollars, you have to go stables>btc>dollars. Unless you're a whale. Btc will drop.
t. Btc maxi
how do i short it?
You know USDC's reserve is almost $50B, right? $3B is a nothingburger.
lmao they already burned 10 billion trying to prop up usdc its the same shit as terra luna
So burn 3 billion more
>$3B USD disappearing is a nothingburger
We gave ukraine 200b .
i gave your mom 8 in
I call shenanigans, where is the proof that they have this money and aren’t just pulling an FTX and claiming it as their own. The OP tweet made it sound like the exact same thing that Fried did. Claim you’re a billionaire when in reality you’re just playing pretend with that belongs to clients.
Lol this is going to be even bigger than luna. If tether also falls it's ogre for the entire shitcoin ecosystem.
tetherchads win again