> if someone like Coinbase goes into bankruptcy, is the pool of money for their stable coins protected? Theoretically, yes. Circle's reserves are separated fro

> if someone like Coinbase goes into bankruptcy, is the pool of money for their stable coins protected? Theoretically, yes. Circle's reserves are separated from Coinbase. So one could be worried about their assets if they were being held by Coinbase, but if you are holding USDC on your own Circle should still be able to redeem USDC for dollars.