Sirwin
Sirwin

MakerDAO protocol is considering separating from USDC


 

Hello! The Tornado Cash case has been on the table since the US Treasury Department sanctioned the protocol and several of the accounts that interacted with the mixer were banned. Given the sanctions, several companies such as Circle and dxdy have decided to blacklist wallets that have coins from Tornado Cash. In

Circle, they have also frozen the USDC funds of the 38 addresses marked by the treasury department.

Now the MakerDAO protocol is considering separating from USDC. Project founder Rune Christensen expressed his intention to submit a formal proposal to reduce his exposure to USDC as DAI collateral:


“I think we should seriously consider preparing to unpeg from the USD… It is almost inevitable that it will happen and it is only realistic to do so with a lot of preparation beforehand.”

 

Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

 

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This post was also published in read.cash by me, The Crazy Dude

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The Crazy Dude
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I am interested in this new era we are coming into. I will post all the things I´ll found. @The_passenger80 follow me on Twitter


Cryptoworld by The Crazy Dude
Cryptoworld by The Crazy Dude

Initial nonfinancial advice for people who start their journey in this field, conspiracy news, and personal thoughts. Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

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