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Coinbase allegedly offered Circle $3B lifeline during USDC depeg
Crypto exchange Coinbase reportedly offered a $3 billion lifeline to Circle as its stablecoin USDC de-pegged as a result of Silicon Valley Bank’s (SVB) collapse, according to a person familiar with the arrangement speaking to Fortune.
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By ProtosCrypto exchange Coinbase reportedly offered a $3 billion lifeline to Circle as its stablecoin USDC de-pegged as a result of Silicon Valley Bank’s (SVB) collapse, according to a person familiar with the arrangement speaking to Fortune.
For more informed news, follow us on Twitter, Instagram, and Google News or subscribe to our YouTube channel.
Hosted on Acast. See acast.com/privacy for more information.