Circle CEO Says 'Able to Access' SVB Funds as of Monday

Circle CEO Says 'Able to Access' SVB Funds as of Monday

Assessment

Interactive Video

Business

University

Hard

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The video discusses the evolving narrative of protecting stable coins from the banking system, emphasizing the importance of a full reserve model for digital dollars. It highlights the movement of reserves to safer infrastructures and provides an update on accessing reserves at Silicon Valley Bank. The video concludes with a discussion on due diligence and future plans with payments banks.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current status of the digital dollar mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do payments banks play in handling settlements and transactions?

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