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How the SVB collapse affected the $135 billion stablecoin market

Squawk Box Europe

How the SVB collapse affected the $135 billion stablecoin market

The collapse of Silicon Valley Bank had crypto investors on edge after Circle, the issuer of the stablecoin USD Coin, revealed it had $3.3 billion parked with the bank. CNBC's Arjun Kharpal runs through how USDC lost its dollar peg but ended up regaining it.

02:26

Tue, Mar 14 20235:08 AM EDT

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