If you are rich ..and have more than 250 K ..
Would you keep in Chase or Wells Fargo?
Or keep your stash as #USDC ?
#askNostr
Asking cuz , as I understood, the money issued by banks is backed only ten percent by US dollars ..whereas #circle USDC is backed 100 percent by dollars ..
And more than 250 K are not FDIC insured ..
