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2023-03-11 11:09:39

bryan on Nostr: USDC has temporarily lost the dollar peg and is trading at 0.91 USD. 25% of the USDC ...

USDC has temporarily lost the dollar peg and is trading at 0.91 USD.

25% of the USDC reserves are held in cash. A portion of those cash reserves were held at now bankrupt Silicon Valley Bank.
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