US Government Weaponizes Cryptocurrency against Venezuela — Market Mad House
The US government is using the USD Coin (USDC) stablecoin as a weapon against Venezuela’s government.
“The US Treasury and Federal Reserve releases seized funds to the Guaidó government’s account at a US bank,” a Circle press release claims. “The Guaidó government then uses those funds to mint USDC. The USDC is then sent to Airtm.”