Assuming wverything theyve told us is accirate, odds are that they'll be fine, or at least will be able to handle redemptions, which is all that really matters. Because the worse case is that they are short roughly 8% of reserves, so at least 92% of USDC holders would need to run for the exits before they couldn't meet demand. There are at least a few billion USDC held in wallets with lost keys or locked in protocols that can't be easily changed. And that's before considering that a large number of folks in the crypto community trust the alternative, Tether, even less. So what's going to happen on Monday? Well, Circle will resume redemptions at a 1:1 rate, which will boost confidence and people will start arbing the shit out of the price to cash out and profit. Circle will have to stop and start a few times in the next weeks because they have to wait on short term securities to mature or for wire transfers to go through. But the cheap USDC will run out before Circle hits any liquidity issue that can't be solved in a week or two.