USD Coin slumps after exposure to failed Silicon Valley Bank
eto.news
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.
USD Coin slumps after exposure to failed Silicon Valley Bank
USD Coin slumps after exposure to failed…
USD Coin slumps after exposure to failed Silicon Valley Bank
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.