$USDC ๐ฅ What Happens to USDC Reserves If Circle Goes Bankrupt? ๐ฅ
๐ Even if Circle goes bankrupt, USDC reserves are legally held in segregated accounts ๐ โ meaning users' funds remain protected ๐ผ under regulatory frameworks ๐๏ธ.
๐ USDC is a stablecoin pegged 1:1 to USD ๐ต and backed by cash & short-term U.S. Treasuries ๐ฐ.
๐ Currently on Binance, USDC is trading at $1.00 ๐ข with a 24h volume of $4.19B ๐ and 0.03% price movement today ๐.
๐ Circleโs transparency and audits ๐ ensure USDC stays stable despite corporate risks โ ๏ธ โ safeguarding users and markets ๐ก๏ธ.