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 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. You Might Also Like FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto February 22, 2023 23 Congressional Democrats Call for Investigating Proof-of-Work Facilities April 22, 2022 DC doesn’t realize how powerful crypto voting is — Brian Armstrong September 10, 2023
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