USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
At the time of writing, USDC had lost over 10% of its value as it traded at $0.8774, and a Circle executive envisions broader implications for business, banking and entrepreneurs without a Federal rescue plan.
At the time of writing, USDC had lost over 10% of its value as it traded at $0.8774, and a Circle executive envisions broader implications for business, banking and entrepreneurs without a Federal rescue plan.
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