03-15-2023, 05:34 AM
Circle ‘able to access’ $3.3B of USDC reserves at Silicon Valley Bank, CEO says
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvYzRiZTUxNGEtNjJkOS00YWRiLTg0N2ItNWY3NzBlNDc4NDAwLmpwZw==.jpg"></p><p>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.</p>
https://cointelegraph.com/news/circle-ce...alley-bank
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvYzRiZTUxNGEtNjJkOS00YWRiLTg0N2ItNWY3NzBlNDc4NDAwLmpwZw==.jpg"></p><p>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.</p>
https://cointelegraph.com/news/circle-ce...alley-bank