Insights into USDC adoption, stablecoin regulation, and integration across global financial systems.
The Drift exploit exposes a growing contradiction in how stablecoin issuers enforce control during crises.
Shapeshift CEO Erik Vorhees urged the MakerDAO community to unwind USDC collateral and move it to a stablecoin more "resistant" to censorship.
Circle's USDC has "blacklisted" all Ethereum addresses owned by Tornado Cash listed in the US Treasury Department's sanction against the protocol.
Circle (Circle Internet Group, Inc.) is a U.S.-based financial technology company that issues fiat-backed stablecoins and provides open infrastructure for blockchain-based payments.
