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USDC Stablecoin Falls to 87 Cents After Circle Discloses Exposure to Silicon Valley Bank

  • Post author:Auto News Feed
  • Post published:March 11, 2023
  • Post category:Market News
Circle says $3.3 billion of the cash reserves backing USDC remain at shuttered Silicon Valley Bank. USDC, DAI, and USDD have all depegged from $1.
Tags: Crypto Market, Digital Market, Market Analysis

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