At the time of writing, USDC lost 3% of its value as it traded at $0.969, and a Circle executive envisions broader implications for business, banking and entrepreneurs without a Federal rescue plan.
USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
- 2023-03-11
Circle discloses $3.3B tied up at Silicon Valley Bank
- 2023-03-11
SEC disapproves VanEck spot BTC trust product, commissioners see double standard
- 2023-03-11
Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined
- 2023-03-11
Circle's exposure to U.S. banks could top $9B
- 2023-03-11
South Dakota gov vetoes bill excluding crypto from definition of 'money'
- 2023-03-11
US senators write to banking regulators about potential crypto discrimination