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As a matter of transparency, to reassure our community, we'd like to communicate regarding #SwissBorg’s fund exposure on $USDC. We currently do not possess direct exposure to #USDC 🧵:
1) We run on a weekly basis treasury management procedure every Friday. This week we have reduced our #USDC to a marginal exposure (below $250K).
2) The $USDC raised during fundraising is converted to CHF on a regular basis. As of today, all #USDCs have already been converted to CHF
