CoinGape
2021-08-11 09:32:00

Did Coinbase Lie About USDC to Investors? Here’s How It Could Backfire

Coinbase, the largest crypto exchange in the US had a long-running advertisement on its platform regarding the second-largest stablecoin USDC. The advertisement promised every dollar paid to investors would be used to back the USDC with $1 “in a bank account.” The Coinbase partnership has proven fruitful for the stablecoin as it managed to become The post Did Coinbase Lie About USDC to Investors? Here’s How It Could Backfire appeared first on Coingape.

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