US dollar interest rate

According to the report, Jeremy Allaire, the chief executive of Circle, said in the latest interview with CNBC that if the U.S. government did not intervene in Silicon Valley banks, Circle would take “preventive measures”, including using its own corporate balance sheet and external funds, so it was very confident in capital. Fortunately, Circle does not need to do so now. Jeremy Allaire also said that he would not be “angry” about the behavior of Silicon Valley banks, because the main reason for these problems is the rising US dollar interest rate. Circle CEO: I will not feel “angry” with Silicon Valley Bank. The main reason is the rising US dollar interest rate Analysis based on this information:In a recent interview with CNBC, Jeremy Allaire, the CEO of Circle, shared insights on the potential risks posed by the rising US dollar interest rate to Silicon Valley banks. He also discussed the measures Circle could take to mitigate these risks. Allaire…