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Circle shortens its duration risk as it worries about US default. “We don’t want to carry exposure through a potential breach of the ability of the U.S. government to pay its debts,” says Circle CEO Jeremy Allaire.

Circle shortens its duration risk as it worries about US default. “We don’t want to carry exposure through a potential breach of the ability of the U.S. government to pay its debts,” says Circle CEO Jeremy Allaire.

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