Wait for it to blow over.
I think only a small portion of Circle's reserve was in that SVB. So, I think a lot of people are buying USDC to get that 10-12% gain.
We shall see what happens after the weekend.
Wait for it to blow over.
I think only a small portion of Circle's reserve was in that SVB. So, I think a lot of people are buying USDC to get that 10-12% gain.
We shall see what happens after the weekend.
Yep, I think it's about 4% cash reserves in SVB.
No one knows what will happen till Monday morning 🤷