Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be 'Fully Transitioned' Next Year
Six months later, Circle disclosed on Nov. 3, 2022, that the company would be deepening its relationship with Blackrock, and Circle has started to move USDC reserves into a We expect the reserve composition will continue to be approximately 20% cash and 80% short-duration U.S. Treasuries.
Are they still processing ACH withdrawals?
Yes, USDC seems to be becoming a more and more government-controlled coin, another good reason not to use it.
Is there such a big need for a USDC? A coin that does not have sufficient reserves.
Hearing BlackRock moving into Crypto is like music to my ears. When WallStreet starts putting money into crypto, start expecting some prices of our favorite coins to start 🚀🚀🚀 LFG!!! 🔥
Of course. Scammers always support scammers. I'm not surprised Circle is doing this.
Why do people still trust USDC? This is a question that has no answer.
Circle doesn't even hide the fact that they and BlackRock are going to fool people 😂
And I'm getting more and more convinced that Circle is a crook.
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Yeah, ducking traiters is who they are. We don't play with the suits here.
This will strengthen bitcoin
yea!
Thats great, I have recently started using ChiefraFba for signals, his accuracy is INSANE!
Lol, I only listen to ChiefraFba for signals and analysis
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