Coinbase’s New Stablecoin (USDC) Could Freeze Funds and Censor Accounts | CryptoGlobe
Coinbase and Circle announced their CENTRE Consortium and that they would both be supporting Circles new stablecoin: USDC. In their user agreement, it’s been revealed that Circle reserves the right to freeze accounts and even report accounts to the authorities.
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Very good work they done. It should be run smoothly to achieve the goal.
It is a good agreement and a great goal ... so they should proceed with it.
Be careful of the centralized powers. They are very dangerous.
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