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Coinbase recently "unified" USD and USDC on Coinbase Exchange, trying to pretend they are the same thing. Absolutely boneheaded move. I expected it to cause pro
by modeless 4y ago
Coinbase recently "unified" USD and USDC on Coinbase Exchange, trying to pretend they are the same thing. Absolutely boneheaded move. I expected it to cause problems for them eventually, but I'm surprised it was so soon...
- deleted 4y ago[deleted]
- dan-robertson 4y agoIf coinbase had kept 7% of their customers’ dollars in an account at SVB, those would be in the same situation though coinbase might have been able to dig into equity to make customers whole.