Market Analysis: Silicon Valley Bank, Circle & USDC

Market Analysis: Silicon Valley Bank, Circle & USDC

Source: CryptoCompare Last week, the second largest collapse of a major U.S. bank occurred in history, as Silicon Valley Bank (SVB) was abruptly closed by U.S. regulators following a panic-induced bank run. SVB, which had strong ties to the venture capital industry and a reputation as a crypto-friendly bank, had been heavily utilised by many […]

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