3 ms·

USDC is supposed to be the good stablecoin.

• modeless 4y ago
  Maybe that's why they can't print it out of thin air...
• birracerveza 4y ago
  If you give me 100 USDC and I pinky promise to give them back but then I don't, whose fault is it? USDC's?
  • oneoff786 4y ago
    Really it depends on why you didn’t / couldn’t.
    • Yiin 4y ago
      It doesn't, if I give exchange a coin, no matter it's relative value fluctuations to other assets I should still be able to withdraw the same coin back.
      • oneoff786 4y ago
        What if they are stolen from you
  • josefx 4y ago
    They are one of the exchanges prominently listed by Circle as part of its ecosystem. Of course the fine print says that they don't endorse any of the companies they list, but what does it say about the ecosystem if they can't even list one trustworthy partner and instead list groups they explicitly don't trust themselves? Honest coin salesman: Look you want to trade honest coins? Down that alley is seedy Joe he is one of the local traders, on a good day there is only a 50% chance that he will mug you.
• yokem55 4y ago
  This is a Binance problem, not a USDC problem. Now if Coinbase were to not honor USDC withdrawals or swaps to normal USD, it would be fair to say somwthing is wrong with USDC, but that is not the case here.
• NotYourLawyer 4y ago
  SBF was supposed to be the good guy. FTX was supposed to be the good exchange. It’s crypto. It’s made of lies.