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