USDC EXPLAINED IN 60 SECONDS

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These videos are never financial advice and are only for entertainment purposes.
I make these videos to talk about projects that I love and things that interest me.

[wilistiono]

Some points are not clear, but interesting) And such a question, OKX wallet has USDT, how to translate them correctly to binans, only the head isolate sound end kit industry choice festival limit stable dolphin derive. I do not know anything else.

[alexgre]

no one can easily redeem their usdc now though. a huge fee is now a requirement for the redemption. probably because they have liquidity issues. if someone redeems millions of usdc, it will depeg again. it already happened a few weeks ago when people sold off their usdc because of worries.

[donovanada]

How about Circle takes a moment to hand over an audit of $USDC reserves, done by a legit accounting firm? Now, that would be something, wouldn't it?

[solavax]

Still wondering how USDC's trading volume is quite high yet in reality, no one uses USDC anymore. Fake transactions from Circle? 🤔

[fantomania]

Avoiding USDC. Allaire refuses to acknowledge their failing stablecoin. Witness the market cap plummeting by billions monthly. It's a matter of time before it hits zero.

[martinrichardson]

I'm going to bet that Jeremy Allaire will be the next Do Kwon with how he is managing Circle right now. Not much transparency and they still haven't hired any reputable accounting firm to do their so called "audits"... 😆

[yahani-stocks]

Circle / $USDC... Better than shitcoins when it comes to taking your money 🤣

[BTCSANDRA]

To be honest I would rather use #BTC than $USDC at the moment. #BTC is transparent and has been reliant while on the other side, $USDC has depegged multiple times already all the while claiming to be a stablecoin 😆