Circle invests 30% of its USDC reserves in US treasuries through a reserve fund

Publikováno: 9.1.2023

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According to a disclosure page published by BlackRock, Circle has invested 30% of its USD reserves in the US Treasury via Circle Reserve Fund, which is managed by BlackRock. The value of the fund invested comes to approximately $13 billion. The aim is to boost transparency amid the FTX collapse. The fund has been invested …
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