⁠USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank At the time of writing, USDC lost 3% of its value a…

⁠USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank

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.

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