Post by @stani • Hey
Circle commits to back any USDC shortfall if there will be any https://www.circle.com/blog/an-update-on-usdc-and-silicon-valley-bank?s=35
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circle is really resilient during this time, a great thing for the industry
TLDR: Circle deposited $5.4bn with BNY Mellon last week to reduce bank risk, and initiated transfers of $3.3bn of USDC's cash reserves from SVB to other banking partners, on Thursday. Redeems will occur normally on Monday.
Ahhhh!!! Don't know what to believe now!!!🙏🙏🙏
No, it's 🍀
Good start
Deeply affected by usdc, we need better stable coins
I heard it was a conspiracy.
so powerful image!
check dm pls
I dont know why this companies like to play with investors funds?
See you later
Steady y'all.. Wen GHO ..?
Promising to support the payment on Monday is a very dangerous signal.
🔥💰