Circle, a cryptocurrency firm, has $3.3 billion of its USD Coin reserves at Silicon Valley Bank, which collapsed on Friday. Circle assured investors that it would honour the peg, despite the exposure to the failed bank.
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USD Coin slumps after exposure to failed…
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Circle, a cryptocurrency firm, has $3.3 billion of its USD Coin reserves at Silicon Valley Bank, which collapsed on Friday. Circle assured investors that it would honour the peg, despite the exposure to the failed bank.