Market Analysis: Silicon Valley Bank, Circle & USDC
![Market Analysis: Silicon Valley Bank, Circle & USDC](https://digitalpoundfoundation.com/wp-content/uploads/2023/03/Market-Analysis-Silicon-Valley-Bank-Circle-USDC-1024x576.jpg)
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 […]