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3232Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships
https://www.digit.info/citizens-trust-bank-to-hold-65-million-in-usdc-reserves-as-circle-expands-bank-partnerships/
Sat, 25 Feb 2023 00:05:40 +0000https://www.digit.info/2023/02/25/citizens-trust-bank-to-hold-65-million-in-usdc-reserves-as-circle-expands-bank-partnerships/Read more]]>On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the stablecoin’s denominated reserves to minority-owned depository institutions (MDIs) and community banks across the United […]