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Silicon Valley Bank was a primary financial partner for nearly half of all US venture-backed startups, including numerous crypto-friendly firms and digital asset companies. Impact of the SVB Collapse
Claims to deliver crypto within 15 minutes of payment approval. XCoins.svb
Major stablecoins like USDC briefly lost their $1.00 peg after Circle revealed $3.3 billion in reserves were held at SVB. Silicon Valley Bank was a primary financial partner