3 Brutal Truths You Must Know in 2025!
1️⃣ Compliance ≠ Safety
USDC claims to be the "most transparent stablecoin", but during the Silicon Valley Bank crisis in 2023, $3.3 billion in reserves almost went down the drain! Although it ended up being a close call, remember: even the most compliant stablecoin can be at risk when a bank collapses.
2️⃣ The Silent Battle for USDT
Every day, $10 billion USDC competes for market share with USDT, but the big brother USDT holds 67% of the market. Does USDC want to make a comeback? First, ask if the Asian investors are on board!
3️⃣ The DeFi Death Trap
Don't be fooled by USDC's glamorous presence in DeFi; smart contract vulnerabilities, liquidity depletion... any pitfall can wipe out your principal. Just last week, a hacker made off with $20 million using USDC!