USDC Certificates Expired and Alarm Sounds in the Crypto Community

USDC, the second most popular fixed currency in the cryptocurrency market, issues documents, certificates confirming how many dollars the deposit center has in banks. The most recent certification available for the currency dates back to February, when the currency had a market value of $ 9 billion. This fact, and the sudden growth experienced by the cryptocurrency in recent months, has been alarming for the delay in these documents. Central USDC Delays in Confirmation Reports One of the largest fixed currencies in the crypto market today, USDC is slow to produce certification documents based on data from its website transparency. The announcements, which are expected to be produced on a monthly basis, were lowered, while the second concerned the February funds released on April 27, a significant delay from the normal issue date. It has not been publicly disclosed why the slowness arose from any person with knowledge of how USDC works internally. USDC returns are produced by Grant Thornton LLP, a leading independent auditing, tax and consulting firm with the manpower to handle the complexity of USDC as a business. To make matters worse, the crypto asset has seen explosive growth since February. According to figures from Coingecko, the market capitalization increased from $ 9 billion to $ 20 billion on February 28, which more than doubled the issue in a few months. USDC is one of the most trusted stablecoins on the market and is issued by Center, a joint effort of Coinbase and Circle, two of the biggest names in the forex industry in the United States. This pedigree gave him the safe stablecoin view of the market. Circle CEO Jeremy Allaire has tweeted several times about USDC's growth. Circle's blog also discussed the market value of the stablecoin when it exceeded $ 15 billion on May 11. But these delays are alarming

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