The action effectively removes the world’s second biggest stablecoin USDC, with a market cap of nearly $52 billion (compared to USDT’s $67.5 billion) as a tradeable asset on Binance’s platform. The move is also a blow to Circle Internet Financial, the issuer of USDC.
‘Liquid Vesting’ Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting
Even in anything-goes crypto trading, there are conventions designed to protect the little guy. One of those is the vesting...