@idiosyncratic1 20 July 2021 more from that month

Circle Revealed Assets Backing USDC Stablecoin According to the news by Coindesk: %61 of USDC Stablecoin is backed by cash and cash equivalent papers. The case of Tether is %75.85 for cash and cash equivalents. I think there will not be an issue with the stablecoins about their allocation. In my opinion, %50+ cash balance will be okay for the regulators. Actually, we cannot go over another FUD while everything is red 😅 Jokes aside, the regulators are most likely to welcome the existing stablecoins under some basic conditions. I always go for USDC if I have to. AFAIK, the company will go public soon ^^ Read the details: https://www.coindesk.com/circle-reveals-assets-backing-usdc-stablecoin #Cryptocurrency