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Silvergate Capital’s crypto-to-fiat transfers decrease by $50B compared to Q3 2021

The bank, known for services such as processing consumer fiat deposits to cryptocurrency exchanges, saw thetransfer volume on the Silvergate Exchange Network plummet close to $50 billion compared to Q3 2021. Silvergate handled $112.6 billion of such transfers in Q3 2022.

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Source: Cryptocurrency - investing.com

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