Summary: Circle’s CEO has published a Twitter thread quelling fears and rumors that USDC is on the brink of collapse. He added that it is understandable why the crypto community would worry about USDC, given the recent collapse of several crypto projects. He reaffirms Circle is committed to being transparent with its reserves fully backed, and Circle is at the strongest it has ever been financially. Circle’s founder and CEO, Jeremy Allaire, has published a Twitter thread extinguishing rumors that […]
