Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin - OhNo WTF Crypto

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Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin

August 11, 2021 ,
#crypto #bitcoin

The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.”

USDC, Circle, Coinbase, USD, coin, stablecoin, cryptocurrency, reservesRead More



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, @KhareemSudlow