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

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


CoinDesk
2023-03-11 03:52:04
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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