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USDC Issuer Circle Says It 'Awaits Clarity' From FDIC on Silicon Valley Bank Collapse

The stablecoin issuer declined to state how much cash is tied up at the collapsed financial institution.

Updated May 9, 2023, 4:10 a.m. Published Mar 11, 2023, 12:05 a.m.
Jeremy Allaire, chairman and CEO, Circle (CoinDesk)
Jeremy Allaire, chairman and CEO, Circle (CoinDesk)