USDC bounces back toward $1 peg after Fed announcement
Positive developments concerning Circle’s $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg.
Post from: Cointelegraph.com News
Tags: Circle, USDC, USD Coin, BNY Mellon, Silicon Valley Bank, Silvergate, Signature Bank, Jeremy Allaire