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Circle Reveals FTX Exposure, Says USDC Conversions on Binance Have Hurt Projections

USDC issuer Circle cited FTX's collapse and Binance auto-conversions of USDC to BUSD for "materially lower" projections in an SEC filing.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Circle Reveals FTX Exposure, Says USDC Conversions on Binance Have Hurt Projections
USDC issuer Circle cited FTX's collapse and Binance auto-conversions of USDC to BUSD for "materially lower" projections in an SEC filing.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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