Who Is Cross River Bank, USDC Stablecoin Issuer Circle’s New Partner?
The New Jersey-based regional bank has an increased profile after the trio of recent bank collapses – and will likely face added regulatory scrutiny.
“Regulators who tend to fight the last war are certainly on guard right now – looking at banks, including Cross River, to make sure that they are sufficiently capitalized,” said Cordell Eminent Scholar Jay Ritter.
Read more from Ritter in this story from CoinDesk.