Circle will cover funds shortfall caused by Silicon Valley Bank collapse

By AMB Crypto - 1 year ago - Reading Time: 1 minutes

Circle will cover funds shortfall caused by Silicon Valley Bank collapse

Circle stated that it initiated to transfer of $3.3 billion funds remaining in SVB However, the transfer was not processed as of Friday and the could be processed on Monday The stablecoin issuer has claimed it will cover funds shortfall with corporate resources Circle – the company issuing leading stablecoin, USDC – has issued another […]

Original source: AMB Crypto