Free Trading Signal 📊
Also USDC
❗️#USDC IS IN THE DEPEGING PROCESS!
The reason is that the Circle company (issuer of USDC) reported that $3.3 billion of the ~$40 billion of USDC reserves remain at SVB bank which has collapsed recently.:-https://edition.cnn.com/2023/03/10/investing/svb-bank/index.html
The reason is that the Circle company (issuer of USDC) reported that $3.3 billion of the ~$40 billion of USDC reserves remain at SVB bank which has collapsed recently.:-https://edition.cnn.com/2023/03/10/investing/svb-bank/index.html
CNN
Silicon Valley Bank collapses after failing to raise capital | CNN Business
Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which a bank run and a capital crisis led to the second-largest failure of a financial institution in US history.