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CryptoCompare Market Analysis: Silicon Valley Bank, Circle & USDC - Vimarsana News

CryptoCompare Market Analysis: Silicon Valley Bank, Circle & USDC

<p><span>Last week, Silicon Valley Bank (SVB) was abruptly closed by U.S. regulators following a panic-induced bank run. SVB, which had strong ties to the venture capital industry and a reputation as a crypto-friendly bank, had been heavily utilised by many in the digital asset sector.</span></p>