Signature's closure means real-time payment platform Signet is no longer serving crypto clients, following Silvergate's SEN; BTC is up ~7% and USDC regains peg (MacKenzie Sigalos/CNBC)
MacKenzie Sigalos / CNBC:
Signature’s closure means real-time payment platform Signet is no longer serving crypto clients, following Silvergate’s SEN; BTC is up ~7% and USDC regains peg — – Silvergate and Signature were the two main banks for crypto companies, while Silicon Valley Bank had a lot of crypto startups and VCs as customers.
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