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by jhanschoo
1863 days ago
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A reason to be wary about USDC are that their haven't been audited, just attested https://www.circle.com/en/usdc , and not even recently at that. Note that attestations are easy to fake: the article mentions the case of Tether > Failing to complete an audit and settling on an attestation “for transparency”. The morning of the attestation, tether moved $380m from sister company bitfinex into a bank account to pass the verification |
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