Positive developments concerning Circle’s $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg.
USDC bounces back toward $1 peg after Fed announcement
- Post author:MiamiCrypto
- Post published:March 13, 2023
- Post category:BNY Mellon / Circle / Jeremy Allaire / Signature Bank / Silicon Valley Bank / silvergate / USD Coin / USDC