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The Daily Hodl
2023-03-16 08:15:40

Circle CEO Jeremy Allaire Warns Contagion Risks Not Completely Gone Following USDC Depeg

Circle CEO Jeremy Allaire Warns Contagion Risks Not Completely Gone Following USDC Depeg

Circle CEO Jeremy Allaire believes that the risks to the banking system haven’t completely disappeared days after the US federal government stepped in to protect depositors of the now-collapsed Silicon Valley Bank. While praising the actions of the federal government, Allaire says in a new CNBC interview that contagion risks still remain. “Fortunately again, the The post Circle CEO Jeremy Allaire Warns Contagion Risks Not Completely Gone Following USDC Depeg appeared first on The Daily Hodl .

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