US Circle puts transfer of $3.3 billion USDC reserves pending at Silicon Valley Bank
US Circle puts transfer of $3.3 billion USDC reserves pending at Silicon Valley Bank Transfers on hold at Silicon Valley Bank Around noon on the 11th (Japan time), US company Circle, which issues the US dollar-linked stablecoin USDC, made an unprocessed wire transfer of approximately 445 billion yen ($3.3 billion) to Silicon Valley Bank (SVB). […]