Concerns are rising within the cryptocurrency industry following the revelation that $3.3 billion of the approximately $40 billion in USDC reserves remain at Silicon Valley Bank (SVB). This news comes after wires initiated on Thursday to remove balances were not yet processed, indicating that a significant portion of the stablecoin’s reserves is still held by … Circle reveals $3.3 billion in USDC reserves remain at insolvent Silicon Valley Bank Read More »
