In Brief

  • Circle executive says USDC infrastructure can freeze and seize assets, unlike banks

  • Circle froze over $1.1 billion in USDC, but $3.24 billion remained in wallets linked to thefts

  • Binance plays a key role in USDC distribution. Could new rules change that?

Read the original story: Circle CEO says freezing and confiscation tools give stablecoins an edge over traditional banking, by Darryn Pollock on fi.beincrypto.com