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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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  • usd-coinUSDC(USDC)$1.000.00%
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  • bitcoinBitcoin(BTC)$109,483.00-1.57%
  • ethereumEthereum(ETH)$2,576.29-3.57%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.37-2.39%
  • binancecoinBNB(BNB)$673.60-1.83%
  • solanaSolana(SOL)$182.121.54%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.237329-1.93%
  • cardanoCardano(ADA)$0.78-2.34%
  • tronTRON(TRX)$0.267758-3.78%