Tushar Jain
@tushar_jain
Cofounder and Managing Partner @Multicoin
Opinions are my own / Not a solicitation / Not an offer for investment advisory services
Joined June 2013
1.2K Following 54.9K Followers
Circle has chosen the worst of both the centralized and decentralized worlds with this policy. Circle can freeze your USDC at any time, but won't use this power to defend its users from obvious hacks.
USDC gives users the downsides of centralization without any of the benefits.
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Recent events are a reminder that trust in digital assets depends on security, accountability, and the rule of law across the ecosystem.
Circle is a regulated company that complies with sanctions, law enforcement orders, and court-mandated requirements. We freeze assets when legally required, with strong protections for user rights and privacy.
More here:
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