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web3/concepts/deposit-insurance.md

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Deposit Insurance

Insurance a bank holds against its deposit to protect depositors from losses by insolvent banks. Instead of being mutualized deposits are backed by a central banks.

See also bank run and mutualization.

References

  1. Roche, Cullen O. 2011. ‘Understanding the Modern Monetary System’. http://ssrn.com/paper=1905625.