Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank

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

2023. Mar. 10. 19:35

Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank

Circle’s USDC, the second largest stablecoin with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank.

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Markets news Stablecoin Circle USDC Reserves Markets Trading Investing Silvergate Bank Silicon valley bank Signature Bank