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Stablecoin USDC breaks dollar peg after revealing $3.3 billion Silicon Valley Bank exposure

(Reuters) – U.S. cryptocurrency firm Circle has $3.3 billion of its $40 billion of USD Coin reserves at the collapsed lender Silicon Valley Bank, the company said in a tweet on Friday. The post Stablecoin USDC breaks dollar peg after revealing $3.3 billion Silicon Valley Bank exposure appeared first on ForexTV... Read More
Posted: Mar 11 2023, 13:25
Author Name: forextv
Views: 111655

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