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Silicon Valley Bank down, USDC depegged, FTX billed $34M in Jan.: Hodler’s Digest, March 5-11

    Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses hit $34 million in January.

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    Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs
    Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount

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