Circle CEO: USDC to Resume Liquidity Operations on Monday and Maintain 1:1 Value With US Dollar
Circle affirmed that it would utilize its corporate resources to compensate for any shortage in case SVB fails to return the entire $3.3 billion cash reserves.
Gemini: We Do Not Have Any Banking Relationship With Silicon Valley Bank
This includes all Gemini products and services, including the Gemini dollar (GUSD).
