Insured Network Deposit Puns

A list of puns related to "Insured Network Deposit"

Insured deposits for stablecoins are coming, and this is gonna be huge

One of the biggest hurdle we face for mass adoption is the risk associated with crypto. This sub is full of early adopters, but the general public is still afraid of putting money into our ecosystem.

Yes, DeFi offers better returns then a traditionnal savings account for stablecoins deposits, but the money isn't insured by the government, and therefore, if the protocol goes bust or if there is some kind of "bankrun", you are at risk of losing your money.

This could change very soon : a coalition of US banks is planning to launch USDF, a stablecoin backed by USD... and potentially insured by the Federal Deposit Insurance Corporation (FDIC).

Now, the details still needs to be fleshed out. The FDIC hasn't formally declared that USDF will indeed be insured. But the banks behind this effort are all FDIC-insured, and under the current pass-through insurance model, there is reason to believe that deposits will indeed be guaranteed. And the Fed chairman himself told Congress this week that stablecoins could be super useful, if properly regulated... And regulation means insured deposits.

That's why I don't care too much about the current downtrend. Mass adoption is coming, and probably earlier then we think.

TL;DR : Stablecoins will soon be regulated, so they will be insured by the government, so more people will come into our space to get higher yield on their deposits.

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👤︎ u/busterrulezzz
📅︎ Jan 14 2022
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What does it mean that GUSD tokens are backed by US dollars held at State Street Bank and Trust Company and are ELIGIBLE to be insured by the Federal Deposit Insurance Commission (FDIC)? Does this mean they are insured or not?
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👤︎ u/bmac5252
📅︎ Jan 09 2022
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Free $200 Cash Bonuses - Sign Up for OnJuno, Varo Bank, and/or Chime Checking Accounts - Deposit $200, $250 or Spend $50 to Receive Bonus - No Monthly Fees, Free Debit Card and FDIC Insured [USA]

Here are three amazing cash bonuses when you open any of these free online checking accounts.

Varo Bank ($50 Bonus after Spending $50)

Get an instant $50 cash bonus when you open a free, no-fee Varo Bank Checking Account (https://varomoney.com/r/?r=David2283) and spend at least $50 on your Varo debit card. You must spend $50 within 30 days of account opening to receive the $50 cash bonus.

The Varo Bank Account includes a no-fee checking account with Visa debit card, no monthly fees, and no foreign transaction fees plus its FDIC insured. This offer is only available to US citizens.

Sign up today at https://varomoney.com/r/?r=David2283 to get your free $50 cash bonus from Varo Bank.

OnJuno ($50 Bonus with $250+ Direct Deposit)

Open a free OnJuno Checking Account (https://onjuno.com/referral/DAVIZCL5) and get a free $50 cash bonus after you setup and receive a direct deposit of $250 or more!

Your free OnJuno basic checking account offers 1.20% APY interest on your cash, 5% cashback on debit card purchases, unlimited free ATM withdraws and 0% foreign transaction fees. Plus your account is FDIC insured.

Sign up today at https://onjuno.com/referral/DAVIZCL5 or use referral code DAVIZCL5 to get your free $50 cash bonus with your free OnJuno checking account.

Chime ($100 Bonus with $200+ Direct Deposit)

Open a Chime Checking Account (https://chime.com/r/davidsilva31) and get a $100 cash bonus instantly after you receive a direct deposit of $200 or more within the first 45 days! This is a limited time promo bonus!

Your Chime checking account has no monthly fees with free Visa debit card and FDIC protection on your money. There's no credit check, no ChexSystems, and no hidden fees. You can close the account at any time after receiving the cash bonus!

A direct deposit can be a payroll deposit from an employer to trigger the $100 cash bonus!

Please use my referral link to signup and receive your $100 cash bonus - https://chime.com/r/davidsilva31

For more free cash, stock, and crypto bonuses with small or no deposits, check out the following:

  • **Webull with 2 Free Stocks plus Amazon Stock (
... keep reading on reddit ➡

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👤︎ u/cryptomiles
📅︎ Jan 11 2022
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We may have been wrong on why the RRP is at an ATH. Banks HAVE to meet specific liquidity requirements. The Retail Deposits that are insured are both low on Rate and Credit Sensitivities. reddit.com/gallery/p7or3p
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👤︎ u/laflammaster
📅︎ Aug 19 2021
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With KnitFinance, users can deposit to insured custody and mint k assets which are 1:1 equivalent in value and are available on multiple chains for trading, staking for yield etc. #KnitDeFi
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👤︎ u/Starzgirlie
📅︎ Oct 27 2021
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Maximum insured deposits for Cash Management account?

Hi, I know Fidelity does sweeps to put funds in a Cash Management account into FDIC insured bank accounts.

Given that FDIC only covers $250,000 (correct me if I’m wrong), and Fidelity lists only about 24 participating banks, is there a limit to how much can be deposited in a Cash Management account, or a limit to how much can be insured?

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👤︎ u/lenxwit
📅︎ Sep 16 2021
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How do I handle a deposit over the FDIC insured limit?

I am the PR for my grandparents estate, and have opened an estate account to deal with the distribution of their assets. We have sold their home, and the proceeds will be nearly $500,000.

I assume there will be a hold on this amount. I also know that the full amount will not be insured. I will distribute asap, but am I left with no choice but to take the (admittedly very small) risk?

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👤︎ u/homissladymaam
📅︎ Aug 26 2021
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Tether, at +$50 billion is more than the insured deposits at all but 44 of the thousands of U.S. banks bloomberg.com/news/articl…
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👤︎ u/dect60
📅︎ May 01 2021
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KnitFinance Cross-Chain Wrapped Assets with Deposit Insurance Knit is a protocol for creating cross-chain wrappers for the top-200 assets. Deposit to insured custody and mint 1:1 wrapped K-Assets. Check out the process of generating your K-Tokens. #KnitDefi
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👤︎ u/harunac1
📅︎ Oct 05 2021
🚨︎ report
Free $150 Cash Bonuses - Sign Up for Chime and/or Varo Bank Checking Accounts - Deposit $200 or Spend $20 to Receive Bonus - No Monthly Fees, Free Debit Card and FDIC Insured [USA]

Here are two amazing bonuses when you open any of these free online checking accounts.

Chime ($100 Bonus with $200+ Deposit)

Open a Chime Checking Account (https://chime.com/r/davidsilva31) and get a $100 cash bonus instantly after you receive a direct deposit of $200 or more within the first 45 days (like bank-to-bank deposit)! This is a limited time promo bonus!

Your Chime checking account has no monthly fees with free Visa debit card and FDIC protection on your money. There's no credit check, no ChexSystems, and no hidden fees. You can close the account at any time after receiving the cash bonus!

A direct deposit can be a payroll deposit from an employer or a bank-to-bank transfer initiated from the other bank to your Chime account like Ally Bank, Discover Savings, Chase or using the Cash App to trigger the $100 cash bonus!

Please use my referral link to signup and receive your $100 cash bonus - https://chime.com/r/davidsilva31

Varo Bank ($50 Bonus after Spending $20)

Get an instant $50 cash bonus when you open a free, no-fee Varo Bank Checking Account (https://varomoney.com/r/?r=David2283) and spend at least $20 on your Varo debit card. You must spend $20 within 30 days of account opening to receive the $50 cash bonus.

The Varo Bank Account includes a no-fee checking account with Visa debit card, no monthly fees, and no foreign transaction fees plus its FDIC insured. This offer is only available to US citizens.

Sign up today at https://varomoney.com/r/?r=David2283 to get your free $50 cash bonus from Varo Bank.

For more free cash, stock, and crypto bonuses with small or no deposits, check out the following:

  • Webull with 4 Free Stocks plus Apple Stock and $15 in Tesla (make any deposit amount within 30 days and get 3 free stocks worth up to $2300 plus free crypto) - https://a.webull.com/iq6Vofifd5bibi6fmp
  • M1 Finance with $50 Cash Bonus (open a taxable account and make initial deposit of $100 or more) - https://m1.finance/wG5ouGBolHyU
  • Firstrade with 2 Free Stock (no deposit required, free stock up to $400) - [https://share.firstrade.com/DavidMPYG](https://share.firstrade.com
... keep reading on reddit ➡

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👤︎ u/cryptomiles
📅︎ Dec 09 2021
🚨︎ report
Free $100 Cash Bonus & More! - Sign Up for Chime Checking Account and Make a Deposit of $200+ with No Monthly Fees, Free Debit Card and FDIC Insured

Open a Chime Checking Account (https://chime.com/r/davidsilva31) and get a $100 cash bonus instantly after you receive a direct deposit of $200 or more within the first 45 days (like bank-to-bank deposit)! This is a limited time promo bonus!

Your Chime checking account has no monthly fees with free Visa debit card and FDIC protection on your money. There's no credit check, no ChexSystems, and no hidden fees. You can close the account at any time after receiving the cash bonus!

A direct deposit can be a payroll deposit from an employer or a bank-to-bank transfer initiated from the other bank to your Chime account like Ally Bank, Discover Savings, Chase or using the Cash App to trigger the $100 cash bonus!

Please use my referral link to signup and receive your $100 cash bonus - https://chime.com/r/davidsilva31

For more free cash and stock bonuses with small or no deposits, check out the following:

... keep reading on reddit ➡

👍︎ 2
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👤︎ u/cryptomiles
📅︎ Sep 23 2021
🚨︎ report

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