Circle Confirms $3.3B of USDC's Cash Reserves Stuck at Failed Silicon Valley Bank

source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Mar. 11. 03:52

Circle Confirms $3.3B of USDC's Cash Reserves Stuck at Failed Silicon Valley Bank Silicon Valley Bank, one of the reserve banking partner for Circle's USDC stablecoin, was shut down by regulators on Friday.

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Finance news Stablecoin USDC Circle Silicon valley bank