USDC Crisis Averted? Federal Regulators Offer Reassurance to Silicon Valley Bank Depositors, Ensuring Access to Funds

Source: Circle The popular stablecoin USDC has regained its $1 peg price after US regulators ensured that Silicon Valley Bank (SVB) depositors could access their funds starting today. A guarantee from the government means that all Silicon Valley bank depositors will be perfect despite the failure of Silicon Valley banks and the wiping of investors’ […]

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