Circle says $3.3B of ~$40B USDC reserves remain at SVB and invites users to participate in the USDC gift distribution to make for the negative market sentiment (Frank Chaparro/The Block) | Techland

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Frank Chaparro / The Block:
Circle says $3.3B of ~$40B USDC reserves remain at SVB and invites users to participate in the USDC gift distribution to make for the negative market sentiment — – After being largely silent on Friday, Circle said it has $3.3 billion in exposure to Silicon Valley Bank …