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Market Cap:
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CoinGape
2022-07-11 10:26:35

Experts Warn Of Major Trouble For Circle And USDC, Here’s Why

Experts Warn Of Major Trouble For Circle And USDC, Here’s Why

Matt Taibbi, a notable author, and journalist wrote a scathing article warning against investing in USDC. Pointing to the Circle being the sole counterparty to its reserve funds, Taibbi revealed that Circle’s Reserve Fund would belong to the company and not its holders. Taibbi believes that Circle could cause the same kind of market wreckage The post Experts Warn Of Major Trouble For Circle And USDC, Here’s Why appeared first on CoinGape.

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