Silicon Valley Bank is one of six banking partners Circle uses for managing the ~25% portion of USDC reserves held in cash. While we await clarity on how the FDIC receivership of SVB will impact its depositors, Circle & USDC continue to operate normally.
https://t.co/NU82jnajjY
@CryptoCred@donalt I would presume he has a sexy robot locked in his basement and ask him to teach me to tear up the dance floor to that Oliver Cheatham song
@udiWertheimer@0xtheia I interpret it as: People are inclined to act on the face value of events without understanding why the event happened. Eg. “Luna is $0.000005, I’m going to buy some”