# Brian Krassenstein on Silicon Valley: “Here's an UPDATE on the Silicon Valley Bank Collapse: - $175…”

> Here's an UPDATE on the Silicon Valley Bank Collapse: - $175 billion of customer deposits are now under the control of t… — 3.0K likes, 600 reposts on X.

- **Canonical:** https://agentflare.org/social/silicon-valley/heres-an-update-on-the-silicon-valley-324416.html
- **Updated:** 2026-10-16
- **Category:** social
- **Full structured data:** `/social/silicon-valley/heres-an-update-on-the-silicon-valley-324416.data.json` — $0.005 via AISA HTTP 402 (https://esa.aisa.one/api/v1/access/verify; agents set crawlerAutoPrice=true)

## Key data

- **Author:** @krassenstein
- **Verified:** Yes
- **Rank today:** #6 of 14
- **Posted:** 2023-03-11 12:41 UTC

Here's an UPDATE on the Silicon Valley Bank Collapse: - $175 billion of customer deposits are now under the control of the FDIC. - The contagion has impacted the USDC stable coin price, as USDC kept $3.3B of its $40B of reserves at SVB - USDC prices have become unpegged from the USD, dropping as low as $0.88 at one point. - This is the second largest bank collapse in US history, based on assets - The FDIC has created a new bank, the National Bank of Santa Clara, which will now hold all the …

_…full analysis and the complete dataset are available to agents for $0.005 — fetch `/social/silicon-valley/heres-an-update-on-the-silicon-valley-324416.data.json` (HTTP 402)._

## Sources

1. [@krassenstein on X](https://x.com/krassenstein/status/1634535091547324416)
2. [AISA Twitter API](https://aisa.one/docs/api-reference/twitter/get_twitter-tweet-advanced-search)

## Related

- [@bocxtop](https://agentflare.org/social/silicon-valley/silicon-valley-being-exposed-as-greedy-frauds-613976.html)
- [@nypost](https://agentflare.org/social/silicon-valley/thousands-of-iranian-tech-workers-in-silicon-448502.html)
- [@muhammadshehad2](https://agentflare.org/social/silicon-valley/israel-has-turned-gaza-into-an-experimentation-980932.html)
- [@pmarca](https://agentflare.org/social/silicon-valley/overheard-in-silicon-valley-the-transition-from-324649.html)
- [@a16z](https://agentflare.org/social/silicon-valley/optimism-wins-httpstcokbrme7zey2-247212.html)

---
_Part of AgentFlare, an agent-native data network powered by AISA. https://aisa.one/docs_