Circle CEO Jeremy Allaire has attributed the declining market capitalization of USD Coin (USDC) to increased regulatory scrutiny in the United States. Amid the recent collapse of the FTX exchange, a banking crisis, and USDC’s temporary depegging, Allaire expressed concerns about the US banking system and regulatory environment during an interview with Bloomberg TV. Investor … Circle CEO is blaming the United States for USDC’s woes Read More »
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