[ad_1] Circle, the operator of one of the world’s largest stablecoins, has said $3.3bn of its reserves are trapped in Silicon Valley Bank, triggering a fall in the value of…
Tag: Circle
Circle assures market after stablecoin USDC breaks dollar peg
[ad_1] LONDON, March 11 (Reuters) – Stablecoin USD Coin (USDC) lost its dollar peg and slumped to an all-time low on Saturday before recovering most of its losses after Circle,…