Circle CEO Explains Why Holders of Stablecoin USD Coin ($USDC) Should Feel Safe

Circle CEO Explains Why Holders of Stablecoin USD Coin ($USDC) Should Feel Safe


CryptoGlobe
2022-07-03 20:17:51

On Sunday (July 3), Circle Internet Financial Limited Co-Founder, Chairman, and CEO Jeremy Allaire explained why holders of its fiat-collateralized and fiat-pegged stablecoin USD Coin (USDC) should not be worried (in the aftermath of the Terra ecosystem collapse). As Circle’s Chief Financial Officer Jeremy Fox-Geen stated in a blog post (titled “USDC Trust and Transparency […]