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by davepeck 1661 days ago
Right. In the case of USDC, whoever has the private key to their proxy contract’s owner account. You’re trusting their engineering team to do the right thing.

(EDIT: if I’m reading my etherscan correctly, it’s account 0xfcb19e6a322b27c06842a71e8c725399f049ae3a with upgrade rights. Sorry, I’m in transit so tapping on my phone.)