Coinbase halts conversions of USDC to dollars over the weekend.

The news comes after Silicon Valley Bank collapsed and Circle said it had $3.3 billion in exposure to the failed bank.

https://www.theblock.co/post/218979/coinbase-halts-conversion-feature-between-u-s-dollars-and-usdc

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Discussion

And so it begins

Kinda hope coinbase goes down in flames

Who owns Circle?

Jeremy Allaire, GoldmanSachs, Fidelity, BlackRock

Steady lads