banking partners
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Tether Claims $700 Million Net Profit in Q1 2023, Denies Contact with Silvergate, SVB and SignatureBank
On April 5th, Tether reiterated in an official post that the company had not been in contact with Silvergate, SVB, and SignatureBank, while expressing its dissa
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Circle Restores USDC Liquidity After Signature Bank and Silvergate Bank Collapse
as report goes, Circle, the stable currency issuer of USDC, stated in a blog post: \”Since the collapse of Signature Bank and Silvergate Bank, our team has been
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Digital Currency Group Seeks New Banking Partners for Portfolio Companies
It is reported that after the collapse of Silicon Valley Bank, Signature Bank (SBNY) and Silvergate, Digital Currency Group (DCG) is trying to find new banking
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Coinbase Continues to Move Forward Despite Regulatory Challenges
On March 13, the official Twitter of Coinbase announced that it would resume the USDC conversion on Monday. Due to the regulatory closure of Signature Bank, Coi
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Circle Transfers USDC Cash Reserves from SVB
On March 12, Jeremy, the founder of Circle, tweeted that USDC\’s $3.3 billion cash reserves remained in SVB. As of Thursday, we have started to transfer these fu
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Circle Addresses Market Concerns about Silvergate
According to reports, Circle, the issuer of the US dollar stable currency, said on Twitter that Circle had kept in touch with several banking partners, and was…
