en
Back to the list

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

source-logo  coingape.com 11 July 2022 11:51, UTC

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. 

coingape.com