At the time of writing, USDC lost 3% of its value as it traded at $0.969, and a Circle executive envisions broader implications for business, banking and entrepreneurs without a Federal rescue plan.
USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
- Post author:MiamiCrypto
- Post published:March 11, 2023
- Post category:Banks / Circle / Stablecoin / United States / USD Coin