Fed’s SVB Report Exposes Old Bank Risks in Digital Assets

事實（只放可查證的）

• The government never guaranteed the USDC stablecoin’s value. But when regulators protected Silicon Valley Bank’s (SVB) uninsured depositors, they rescued $3.3 billion backing the stablecoin anyway. A new review by the Federal Reserve itself, released Friday (Sept. 18), shows why the distinction matt