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BlackRock’s Robert Mitchnick: Bitcoin Is Not Risk Asset, Possible Flight to Safety
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Circle Reserve Fund adds $8.7B in overnight repo agreements to USDC reserves, reducing exposure to
US banking and regulatory issues cause USD Coin to lose market value. However, Circle Internet
Circle, the issuer of USDC stablecoin, has announced that it has successfully redeemed $2.9 billion
Key Points: Circle, the company behind the USD Coin, has produced an accountant-verified report on
Circle Internet Financial revealed on Thursday that it has begun moving its USDC stablecoin reserves
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