Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds Post author:MiamiCrypto Post published:March 11, 2023 Post category:Circle / Stablecoin / United States / USD Coin According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the United States,” enabling USDC redemption at 1:1 with the U.S. dollar. You Might Also Like Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils October 4, 2021 USDT market share jumps amid economic uncertainty, USDC shrinks May 28, 2023 Yellow Card Raises $33M to Expand Stablecoin Presence in Africa October 20, 2024