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If they need to "boost their holdings" in USDC in order for their customers to withdraw these coins, what had they been doing with their customer's deposits ?
by pyb 4y ago
If they need to "boost their holdings" in USDC in order for their customers to withdraw these coins, what had they been doing with their customer's deposits ?
- guessbest 4y agoFunny, it is an "exchange" that takes a deposit, but doesn't actually purchase the promised cryto holding until a withdraw is made.
- rosnd 4y agoBinance delisted USDC in september, since then the only way to "purchase" USDC on Binance has been by requesting and USD withdrawal via USDC.