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I don’t understand why this comment was downvoted. USDC is just as undercollateralized as USDT. Everything you’re reading about USDT also applies tO USDC, ju
by lmohseni 5y ago
I don’t understand why this comment was downvoted. USDC is just as undercollateralized as USDT. Everything you’re reading about USDT also applies tO USDC, just lagged.
- viraptor 5y agoCan you show the proof of that or a good reason existing audits cannot be trusted?
- user-the-name 5y agoNo audits exist, so this is a meaningless question. Attestations exist. They are not the same as an audit, and do not show quite what you seem to think they show.
- lmohseni 5y agoI can’t even find any existing audits. If you know of any or have read any I would be extremely interested.
- chews 5y agoHere are the attestations as of April. https://www.centre.io/usdc-transparency https://www.centre.io/usdc-transparency
- user-the-name 5y agoAgain, attestations are not audits.