USDC Stablecoin Issuer, Circle, Exposed to Failed Banks Silicon Valley and Silvergate
Questions are being asked about USDC stablecoin issuer, Circle's exposure to failed U.S. banks, Silvergate Bank and Silicon Valley Bank. This is because Circle published a USDC Reserve Report last week accompanied by an Attestation by the global Audit firm, Deloitte. That Report confirmed that Circle held cash with several ...
