🚨🚨🚨 Please Exercise Caution!

• The authorities of Beijing and Shenzhen warn about unauthorized stablecoin fundraising, reporting a 50% increase in fraud cases.

• The United States Senate approved the GENIUS Act requiring issuer authorization, full backing, and strict disclosure requirements.

• Global regulators are increasingly focusing on risks related to stablecoins, especially in unregistered fundraising activities.

Main Concerns.

• Systemic risk: The loss of parity of a stablecoin could trigger chain liquidations in DeFi.

• Investor vulnerability: Limited protection against defaults or operational failures.

• Fraudulent schemes using technical jargon and promising unrealistic returns.

$USDC