Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin

[Dato]

Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvODVjZGUwMzgtYTc0YS00YzUxLTg4YmUtODY5ZWY5ZWJiODFlLmpwZw==.jpg"></p><p>The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.” </p>



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