3 ms·I'm not sure any private insurance exists that can cover a $42m deposit?by dlubarov 4y agoI'm not sure any private insurance exists that can cover a $42m deposit?trogdor 4y agoIt does. In the context of the financial services and reinsurance industries, $42 million is not an enormous amount of money.dlubarov 4y agoSorry I meant $42b, which is the amount of USDC collateral held by Circle.