What Was Your First Impression?

Circle's $3.3 billion exposure to Silicon Valley Bank cannot be de-risked, the company says. Circle and USDC operates to the right in terms of being more conservative than what the regulatory standards allow us to do with permissible investment rules for state money transmission. We hope this is a temporary matter because at the end of the day, Circle, like the rest of the companies in the US regulated sector,. ultimately are expressions in the underlying confidence and full faith and credit of the financial system in the United States.