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USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default

  • May 17, 2023
  • Posted by: admin
  • Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Circle’s reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase agreements instead, a company spokesperson said.

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