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Latest from Danny Nelson
Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO
Brad Garlinghouse declined to say how much capital is at the failed bank but said Ripple “remains strong.”

Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally
The company plans to use corporate resources to fill the gap, including external capital.

Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto
Circle earlier confirmed it has $3.3 billion backing its USDC stablecoin parked at now-shuttered Silicon Valley Bank.

USDC Issuer Circle Says It 'Awaits Clarity' From FDIC on Silicon Valley Bank Collapse
The stablecoin issuer declined to state how much cash is tied up at the collapsed financial institution.

DeFi Protocol Curve’s $500M Stablecoin Pool Hammered as Traders Flee USDC
The collapse of Silicon Valley Bank is causing turmoil in crypto stablecoin markets.

DeFi Stablecoin Exchange mStable Expects 4 Buyout Bids: Source
“We've been working for four weeks actively trying to pursue a M&A route,” protocol’s strategy lead says.

Silicon Valley Bank Shuttered by State Regulators
The startup-focused bank had a number of crypto clients.

MakerDAO Founder Calls for Rebranding of DAI Stablecoin
Rune Christensen said on a call with community members DAI suffers from bad branding that could be slowing its growth.

Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin
The offboarding proposal won overwhelming support from members of the Aave DAO.

Crypto Trading Protocol Vertex Eyes Institutional Traders on Arbitrum
“You can never scale the way we’re planning to scale if you’re just" automatic market maker-driven, co-founder Darius Tabatabai said.
