How USDC and stablecoins are affected by SVB collapse

Did you know that USDC and stablecoins, since 25% of their deposits were held in SVB?

Mar 12, 2023

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Did you know that USDC and stablecoins, since 25% of their deposits were held in SVB? This was the bank that just collapsed 2 days ago. You should only trade in USD with Kraken. Anyhow, this could be a major blow to crypto. There is also an article to Choke Point 2.0, which makes this a point to a potential conspiracy theory.

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