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 Deltec Bank Accused of Secretly Extending a $2 Billion Credit Line to Alameda Research February 20, 2024 90% of businesses adopting blockchain technology, data January 12, 2023 The Rise of Bitcoin in El Salvador Portends a New US Foreign Policy Toolkit (Op-Ed) April 10, 2022
Deltec Bank Accused of Secretly Extending a $2 Billion Credit Line to Alameda Research February 20, 2024