Circle Internet Financial said Saturday it will “cover any shortfall” in the assets backing its stablecoin USDC in the event it does not receive the entirety of a $3.3 billion cash reserve it was holding at Silicon Valley Bank.
**Circle Internet Financial said Saturday it will “cover any shortfall” in the assets backing its stablecoin USDC in the event it does not receive the entirety of a $3.3 billion cash reserve it was holding at Silicon Valley Bank.**
https://www.mideastdiscourse.com/2023/03/12/circle-to-cover-any-shortfall-in-usdc-reserves-sparking-stablecoin-rally/
(post is archived)