Circle’s USDC, the second largest stablecoin with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank.
https://ift.tt/oze68tb
from CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank
March 10, 2023