News The closure of Silicon Valley Bank and Signature Bank won't affect Circle's USDC operations. The $3.3 billion USDC reserve deposit held at Silicon Valley Bank will be fully available when U.S. banks open on Monday morning, according to the company's announcement. The company said it had no USDC cash reserves at Signature Bank....
Mar 13 2023
Circle says USDC operations unaffected by SVB, Signature closures
| published by | Andjela Radmilac |
|---|---|
| in blog | CryptoSlate |
| original entry | Circle says USDC operations unaffected by SVB, Signature closures |
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