David Bianculli: There are troubling reports of crypto companies having their bank accounts closed With no notice in the ex explanation and this is a Disturbing trend suggesting that regulators are trying to cut crypto entirely out of the banking system. He says all depositors at Silicon Valley and Signature Bank would be made whole. The story for USDC here? Yeah, so I've pulled out three tweets out of his thread that I thought were worth stating 100% of USDC reserves are safe and sound. We will complete our transfer of remaining SVB Silicon Valley bank cash to Melon much bigger bigger bank with a closure of signature bank announced tonight.