Circle’s $43 Billion Stablecoin in the Spotlight as Silicon Valley Bank Exposure is Revealed – Here’s the Latest

Image Source: Circle The USD Coin (USDC) stablecoin has veered away from its intended $1 peg after it was revealed that the Circle was exposed to the now-collapsed Silicon Valley Bank. Circle, the issuer of the world’s second largest stablecoin USDC, said in a tweet on Friday that it had $3.3 billion of its $40 […]

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