Circle ‘able to access’ $3.3B of USDC reserves at Silicon Valley Bank, CEO says
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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