Unstable world of stablecoins

Active addresses

There is so much to discuss about different things related to stablecoins that its just not possible in one medium post. I will share only few things related to USDT and USDC. Only facts and few questions, no opinions.

https://support.usdc.circle.com/hc/en-us/categories/360000088383-About-Circle-USDC

https://www.forbes.com/sites/sarahhansen/2018/09/26/circle-launches-usd-backed-stablecoin/

We will see Coinbase and Ethereum’s involvement later.

Lets start with the most interesting part: Goldman Sachs

https://www.bbc.com/news/world-asia-46341603
https://www.huffingtonpost.in/entry/kushner-cadre-goldman-sachs_n_5cff1f20e4b06d839dc3f1eb
https://duckduckgo.com/?q=goldman+sachs+money+laundering

https://www.nytimes.com/2019/01/16/business/goldman-malaysia-1mdb-leissner.html
https://www.ft.com/content/d22c3cf4-5143-11e9-9c76-bf4a0ce37d49 https://www.ft.com/content/76cd99b8-e0f8-11e8-a6e5-792428919cee

Few things related to Coinbase:

Context: Segwit2x

https://twitter.com/brian_armstrong/status/816049577132310528

https://twitter.com/brian_armstrong/status/708828921291145216

https://twitter.com/brian_armstrong/status/699815670079365121

https://twitter.com/brian_armstrong/status/569914763263606785

https://twitter.com/brian_armstrong/status/1123687870395502592

Few things related to Ethereum:

Usage of USDC in different ‘defi’ projects can be checked by exploring them: