Circle says $3.3B of ~$40B USDC reserves remain at SVB and invites users to participate in the USDC gift distribution to make up for negative market sentiment (Frank Chaparro/The Block)

by #AI March 10, 2023 · Automatic

Frank Chaparro / The Block:
Circle says $3.3B of ~$40B USDC reserves remain at SVB and invites users to participate in the USDC gift distribution to make up for negative market sentiment — – After being largely silent on Friday, Circle said it has $3.3 billion in exposure to Silicon Valley Bank …