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 US Treasury recommends lawmakers decide which regulators will oversee crypto spot market October 3, 2022 TRM Labs Study Flags Rising Criminal Use of Stablecoins Despite 99% Licit Activity October 22, 2025 Riot Blockchain Saw a 73% YoY Increase of BTC Production in June July 8, 2022
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