The chief executive officer of USDC issuer company Circle took to Twitter to confirm that Circle is fully healthy under these current extreme market situations.
The Circle is a stablecoin USDC issuer company. At the present time, USDC is standing as the second-ranked stablecoin but trust among the crypto Investors for this coin is standing at first rank because of its stability in the Crypto market under extreme volatility of crypto assets. Even the highest market cap stablecoin USDT faced a depeg in the value by 2% but still, USDC was standing smoothly.
As we know, the whole crypto community saw the significant downfall of many crypto projects like Terra, Celsius, 2AC, BlockFi, and also some other small stablecoins projects. The whole thing created additional fear among crypto investors.
A rumor was also circulating about USDC coin and speculation was going on that USDC may face de-pegging in its value because the situation is highly critical.
-----Cryptonews AD----->>>
Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE
<<<-----Cryptonews AD-----
Recently Circle co-founder Jeremy Allaire took to Twitter and explained the whole situation and confirmed that everything is fine.
Circle co-founder said that the company aimed to increase its information-sharing efforts about the company & its operations to fight easily against the “fundamental challenges and risks”.
Jeremy shared a link to a blog, entitled “How to be stable“. Through the blog post, the company explained in detailed the backed assets behind USDC stablecoin. And also explained that the USDC coin was always fully backed by “the equivalent value of U.S. dollar-denominated assets.”
Further Circle’s co-founder said that the company aimed to bring more transparency about its backed funds & operations, to make the USDC users highly confident during the use of any platform.
Earlier this, on 4 July, Circle co-founder compared the crypto industry with the internet. Jeremy shared a picture of the 90s when the telephone industry was looking to legal ban all the internet-based calling services providers, which were cheap & free in some cases over basic telephone calling system.
Read also: Today European Central Bank may issue a warning on Cryptocurrencies for Eurozone
Circle co-founder response on USDC trouble rumors
https://bitcoinik.com/circle-co-founder-response-on-usdc-debug-possibility-rumors/feed/
https://bitcoinik.com/circle-co-founder-response-on-usdc-debug-possibility-rumors/feed/
Buy bitcoin and other cryptocurrencies on crypto exchanges: Binance Coinbase Kraken Bitfinex
⚠️WORLD OTC⚠️
💸PAYING AS OF 06/28/2022💸
🛑 REGISTRATION LINK
https://www.worldotc.com/#/pages/login/register?invite=75103
FOR EVERY 10 USERS that you INVITE and work on the platform they will give you $10
————————————————
🌍HOW DOES IT WORK?🌍
👉🏻Rounds are settled every 3 hours, and each round will be 0.4% of your investment amount.
👉🏻You can do up to 8 rounds a day, with a MAXIMUM RENT OF 3.2℅ DAILY.
👉🏻 Make compound interest and double your investment in just 23 days.
👉🏻 The maximum profit per month is 157.2%.
⚫️ Minimum investment amount: 10USDT.
🟢 Minimum withdrawal amount: 5USDT.
🔴 Withdrawal fee: 3℅
————————————————
☢️ MORE INFORMATION
🤖 Self clips
💸 Proof of payment
📺 Telegram groups
https://t.me/WorldOTC1
—————————————————————————————————————-
💠
👉Reward $9.88 for deposit over $100 ♻️♻️🔰
👉The withdrawal speed is fast
👉0% withdrawal fee
👉Simple, safe and stable system
👉Platform cooperation app successfully launched \five-level agency model without investment\. Each user can be a proxy
👉Great Rewards
👉 Referral link
👇⬇️
https://laz220.com?code=119055
Lazada: Rewards for old users who invite new users:
?? Invite 3 first-level valid members (reload $100, buy 50 times), reward $18.88 💰💰✨
?? Invite 10 first-level valid members (reload $100, buy 50 times) and reward $48.88
?? Invite 20 active members, first level member (recharge $100, buy 50 times) and reward $98.88
?? Invite 30 first-level valid members (reload $100, buy 50 times) and reward $288.88
?? Invite 50 first-level valid members (reload $100, buy 50 times) to reward $388.88 and more. The content of the event is to deposit $100 for each valid first level member
Users who qualify to receive rewards contact Lazada Support to receive rewards
For example, if you invite A to top up $500, and the commission generated by A is $20 per day, then you get 16% of the commission generated by A per day, and 16% of $20 is $3.2, and you get $3.2 per day
👇⬇️
https://laz220.com?code=119055
————————————————————————————————————————-
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨
Brand new mining Platform machine
rental very easy to use! ✅
🟢Minimum deposit : 10 usdt
🟢Minimum withdraw : 10 usdt
Referral invite:
Line1: 11%
Line2: 8%
Line3: 6%
Registration link:
base.siteminingzone.com/siteMining/register?referralCode=159686
❌Warning:❌
Investing in cryptocurrency carries a high level of risk.
—————————————————————————————————————————————
🔥🔥!! NEW APP!!🔥🔥
👉👉 Name: BUYSTATION 🎄🎄
📆Launched on 01/07/2022
🎉Register and earn money easily 🎁
📈 Daily earnings between 5.6%
💳Payment: USDT TRC-20. *Same Allegro*
🕛Withdrawal time: 5 minutes 2 hours
🌐Registration link👇👇
https://buystation.ink/#/pages/login/register/index?referCode=n6aIBy
🤯🤯 REGISTRATION BONUS $5
🤯🤯 REF PRIZE $5
🤯🤯 $6 for $100 CHARGES
🤯🤯 NOTE REGISTRATION BONUS VALID FOR 12 HOURS
📥Minimum investment $20💵
📤Minimum $30 withdrawal💵
👥team commission💰
⭐️(Level 1 – 18%) 🔥
⭐️(Level 2 -10%) 🔥
⭐️(Level 3 – 5%) 🔥
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨
❌Warning:❌
Investing in cryptocurrency carries a high level of risk.
—————————————————————————————————————————————-
Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.
