When Stablecoins Are Not Stable: The Summary Of SVB Collapse and USDC De-pegging
Last weekend was hard for so many people from different backgrounds because of the collapse of Silicon Valley Bank on March 10 and the events occurred after that.It was marked as the second largest bank crash in the United States after Lehman Brothers in 2008. Thousands of employees and founders of the US-based startups, traditional investors, crypto investors, VCs, and blockchain users are affected. But how? https://twitter.com/PadKeeMoore/status/1634098217506725889?s=20Circle Discloses $3.3...
When Stablecoins Are Not Stable: The Summary Of SVB Collapse and USDC De-pegging
Last weekend was hard for so many people from different backgrounds because of the collapse of Silicon Valley Bank on March 10 and the events occurred after that.It was marked as the second largest bank crash in the United States after Lehman Brothers in 2008. Thousands of employees and founders of the US-based startups, traditional investors, crypto investors, VCs, and blockchain users are affected. But how? https://twitter.com/PadKeeMoore/status/1634098217506725889?s=20Circle Discloses $3.3...
