This is a very bad move by Circle imo. Can’t pass back USDC yield to users as the issuer and doesn’t have distribution with end users via an exchange. Now they are directly competing with the hand who feeds them (Coinbase, Binance, etc). GLHF.
zoomer
zoomerAug 12, 18:29
[ ZOOMER ] CIRCLE TO LAUNCH ARC, A LAYER 1 BLOCKCHAIN DEDICATED TO STABLECOINS
40.05K