Fud is starting to swirl around USDC
the core value of USDC has always been "compliance"
but with USD1-backed by the US First Family hitting the fast lane, USDC's compliance edge is looking weak and lame
Meanwhile, USDT, winning by the perfect timing of its gold speculation, USDC is stuck in the middle
when "compliance" meets "relationships" and "soaring GOld", USDC need a new narrative.
#stablecoin #USDC #USD1