The Federal Deposit Insurance Corporation (FDIC) has placed 63 lenders on its Problem Bank List. These institutions are at risk of insolvency.
The FDIC holds only 1.35% reserves, meaning there is a critical point where practically the entire banking system collapses. This applies to the European banking system as well.
If bank customers decide to bring their money into safety, a lot of the capital will find its way into precious metals and cryptos, with Bitcoin dominating the crypto market (around 55%).
There was a leaked video from an FDIC meeting where bankruns were discussed, but it has been removed from the internet. In the discussion FDIC officials confirmed that bankruns would of course take place.
Central banks and other financial institutions have the option to place all bank deposits on to a blockchain to handle liquidations and they are also working on an On-Demand-Liquidity tool, on the blockchain. Subscribers will receive more information on tis and other developments. Signups will be available in the coming week.