The United States witnessed the largest bank collapse last weekend since the 2008 financial crisis. Silicon Vally Bank (SVB) has gone under the Federal Deposit Insurance Corporation (https://www.financemagnates.com/cryptocurrency/news/us-regulators-warn-voyager-for-making-false-claims-of-fidc-protection/” target=”_blank” rel=”follow noopener”>FIDC) receivership, as the lender could not sustain its operations.
Circle’s $3.3 Billion Exposure to SVB
