Behind USDC: Circle, a company to watch out for https://read.cash/@Jnavedan/behind-usdc-circle-a-company-to-watch-out-for-58312c46 There are companies that go unnoticed by the general public, and Circle is one of them. Well, at least to me. By the time you find out, sometimes it ends up being too late to do anything about it. Circle is the company behind USDC, one of the two stablecoins that snuck into the Top Five of crypto verse market capitalization. Interestingly, a Stablecoin is not, in essence, a pure cryptocurrency, even though it runs on a Blockchain. In fact, one can find a version of the same stablecoin on more than one Blockchain, especially those that support smart contracts where DEFIs operate. I think USDC is more dangerous than the libertarian cryptocurrency specialists believe. So pay attention to this, one of the precursors of CDBCs. Image by Gerd Altmann on Pixabay
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As for stable coins, I only trust BUSD and that with reservations, because USDT falls at any moment, there are many shady things about it. I'll take a look at circle to see how it goes my friend.
Hi, my friend. I don't trust USDT either, and now I don't trust USDC either.