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https://onchainsummer.xyz
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zoz
@zoz.eth
Serious question What happens when the US government asks base(coinbase) to flag USDC of specific addresses? Cc: @jessepollak
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jesse.base.eth 🔵
@jessepollak
circle runs USDC and has an explicit blacklisting policy in their terms of service: https://www.circle.com/en/legal/usdc-terms#:~:text=Blacklisting,permitted%20under%20the%20blacklisting%20policy.. it's the same on base as any other chain.
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zoz
@zoz.eth
Thank you! Good answer. I guess circle is the link in the chain that potentially breaks when the time comes Or Is USDC a CBDC???
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Commstark 🎩🫂
@commstark
Circle is too big and famous it’s obvious we need hundreds of copy tokens that perfect interoperability with one another so there’s no attack vector hold zozUSDC which shares in the benefits of USDC (somehow)
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Meme Casino
@blobby
No it’s not from the central bank but are regulated by them.
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