Mar 11 2023

Is Circle’s USDC Stablecoin at Risk after the collapse of SVB?

published by Sohrab Khawas
in blog Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
original entryIs Circle’s USDC Stablecoin at Risk after the collapse of SVB?

crypto news news

The post Is Circle's USDC Stablecoin at Risk after the collapse of SVB? appeared first on Coinpedia Fintech News The collapse of Silicon Valley Bank (SVB) on March 10 has sent shockwaves through the crypto industry, leaving many investors concerned about the exposure of major players like Circle, the issuer of the popular stablecoin USDC. With $3.3 billion, or around 8%, of its...