{"id":"tp-34195","type":"article-newspaper","title":"Frgmnt CEO Says Fiat-Backed Stablecoins May Remain Exposed to Banking Risks","author":"Sonny Jang","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/people/34195","datePublished":"2026-10-17T22:09:14.000Z","dateModified":"2026-10-17T22:09:14.000Z","language":"en","abstract":"The 2023 Silicon Valley Bank failure left Circle unable to access $3.3 billion in USD Coin (USDC) reserves, and the token fell to 86 cents.","section":"People","references":[]}