Alex Dovbnya

Scammers try to trick USD Coin (USDC) customers into transferring their tokens to malicious addresses

Circle, the issuer of the USD Coin (USDC) stablecoin, has warned about an lively phishing marketing campaign whose organizers try to lure customers into sending their tokens to malicious addresses.

The fraudsters are pretending to work for Centre, a consortium based by Coinbase and Circle, claiming that there’s a new model of the stablecoin. 

Circle says that the entire messages which might be urging customers emigrate their tokens are faux. 

USDC is the second-largest stablecoin with a complete market cap of  $44.1 billion, in response to CoinGecko data.

In a latest letter to Congressional leaders, Circle CEO and founder Jeremy Allaire referred to as for clear U.S. laws on stablecoins. 

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