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Silvergate Writedown Casts Doubt on Future of Meta’s Failed Stablecoin Project

The crypto bank valued the stablecoin project that it bought from Meta at 98% less than it did a year ago.

Silvergate Writedown Casts Doubt on Future of Meta’s Failed Stablecoin Project
The crypto bank valued the stablecoin project that it bought from Meta at 98% less than it did a year ago.

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