The first post, titled ““USDC has always been backed by the equivalent value of U.S. dollar denominated assets; USDC reserves are kept in the management and custody of leading U.S. financial institutions, including BlackRock and Bank of New York Mellon,” the post read, before launching into a lengthy disclosure on Circle’s reserves and procedures.
Allaire went on later in the thread to add: “It's understandable why some users would be paranoid given the history of hucksters in crypto. We have always tried to hold ourselves to the highest standards afford to us. That's enabled us to work with regulators, top-tier assurance firms, and leading FIs.”
He concluded by saying that crypto payments company Circle was"in the strongest position it has ever been in financially, and we will continue to increase our transparency.”In mid-June, Circle
I really don't understand this: jerallaire claims that circlepay is striving to become a bank, and someone in crypto really thinks that $USDC is safe after that? I thought we were all here so that governments couldn't control and take away our money.
If you want to become a full time trader who is making enough to support a family, do what it takes to make it happen There's no shame in having a 2nd job in the beginning to build up your capital & emotional reduce pressure Contact Bamber__Michael to get started in crypto trade
POMP IT
Why doesn't anyone know about this?