Stablecoin USDC breaks dollar peg after firm reveals it has $3.3 billion in SVB exposure | Rich FXM

Stablecoin USDC breaks dollar peg after firm reveals it has $3.3 billion in SVB exposure

This entry was posted by admin on March 11, 2023 at 5:57 pm

Stablecoin USDC breaks dollar peg after firm reveals it has $3.3 billion in SVB exposure

The U.S. cryptocurrency firm Circle’s USD Coin lost its dollar peg and fell to a record low Saturday morning.

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Tags: $3.3, after, Billion, Breaks, dollar, Exposure, Firm, Reveals, stablecoin, USDC
Categories: Breaking

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