#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

Circle also has an #undisclosed amount of reserves stuck at the recently #bankrupted Silvergate.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.

#Concerns have been growing over USDC late this week because Circle disclosed in its latest audit that as of Jan. 31, $8.6 billion, or roughly 20% of its reserves, was held in several financial institutions, including the recently #bankrupted Silvergate and the now-shuttered SVB.