4 ms·
This mini-thread is about USDC.
by lifty 5y ago
This mini-thread is about USDC.
- makomk 5y agoFrom what I can tell, unlike Tether USDC haven't publicly disclosed what proportion of their reserves are backed by treasury bills and what proportion are stuff like commercial paper - just that they're backed with a mixture of both. On the other hand, they do claim that everything backing their token has very good credit ratings and I don't think Tether do.