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Is Moody’s Ratings Downgrade The Reason Why Silicon Valley Bank Fell?

The collapse of Silicon Valley Bank and news that Circle, the issuer of USDC, was exposed to the tech lender has caused reverberations across the stock and crypto markets. However, could Moody’s rating downgrade of SVB have accelerated the bank crash?  Moody’s Rating Of SVB Moody’s Investors Service downgraded the credit ratings of SVB Financial Group and its subsidiary, Silicon Valley Bank. дальше »

2023-3-13 14:33


Wall street institution Cantor Fitzgerald reportedly manages $39B of Tether’s reserves

Stablecoin issuer Tether (USDT) is reportedly using Wall Street financial institution Cantor Fitzgerald to manage its $39 billion bond portfolio, Wall Street Journal reported February 10. The post Wall street institution Cantor Fitzgerald reportedly manages $39B of Tether’s reserves appeared first on CryptoSlate. дальше »

2023-2-11 23:29