Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash Post author:MiamiCrypto Post published:March 17, 2023 Post category:CEX / Chainalysis / Coinmarketcap / collapse / contagion / Cureve3pool / depeg / DEX / outflows / Peg / reserves / Silicon Valley Bank The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises. You Might Also Like DeFi Outpacing Centralized Exchanges in North America: Report October 14, 2021 Approach with caution: US banking regulator’s crypto warning December 9, 2022 Inflows and Outflows: Bitcoin ETFs Gain $88M, Ether Drops $6.49M August 21, 2024