Circle CEO ‘able to access’ $3.3B of USDC’s reserves at Silicon Valley Bank
![Circle CEO ‘able to access’ $3.3B of USDC’s reserves at Silicon Valley Bank](https://cryptoinvestment.at/wp-content/uploads/2023/03/circle-ceo-able-to-access-3-3b-of-usdcs-reserves-at-silicon-valley-bank.jpg)
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT.
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Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT.