“Circle is currently protecting USDC from a black swan failure in the U.S. banking system,” Dante Disparte, Circle’s chief strategy officer, tweeted late Friday. “SVB is a critical bank in the U.S. economy and its failure – without a Federal rescue plan – will have broader implications for business, banking and entrepreneurs,” he added.
Crypto Execution-Only Platform Crossover Markets Raises $12M
Illuminate Financial founder Mark Beeston will join Crossover’s board of directors. Existing investors include Flow Traders, Laser Digital, Two Sigma,...