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$3.3 billion

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Circle CEO ‘able to access’ $3.3B of USDC’s reserves at Silicon Valley Bank

March 15, 2023 by DIGIT

Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT. Go to Source Powered by WPeMatico

Categories $3.3 billion, collateral, depeg, Peg, redemptions, reserve report, reserves, silicon valley bank, SVB, USDC, USDT


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  • bitcoinBitcoin(BTC)$101,786.00-1.76%
  • ethereumEthereum(ETH)$3,336.82-2.75%
  • tetherTether(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.23-5.62%
  • binancecoinBNB(BNB)$964.520.08%
  • solanaSolana(SOL)$156.58-3.54%
  • usd-coinUSDC(USDC)$1.000.01%
  • staked-etherLido Staked Ether(STETH)$3,335.69-2.73%
  • tronTRON(TRX)$0.285656-1.17%
  • dogecoinDogecoin(DOGE)$0.164309-1.55%