List of Cryptocurrencies With Exposure to Svb Collapse: Background on the SVB collapse After 39 years, the crypto-friendly Silicon Valley Bank closed with the U.S Financial regulators taking control of its deposits. The fall occurred when depositors…
Circle Internet Finance Ltd.’s flagship cryptocurrency, designed to replicate the value of the US dollar, fell substantially after the company revealed it had $3.3 billion invested in the failing Silicon Valley Bank. Consequently, Circle’s USD Coin,…