💥 Circle CEO: USDC is “highly unlikely” to be used for Iran’s Strait of Hormuz tolls due to strict compliance and freezing risks. Jeremy Allaire stressed Circle cooperates closely with authorities and sanctioned parties usually avoid USDC for high-risk transfers. 🛡️ After the $285M Drift Protocol hack, Circle defended not freezing funds immediately, citing legal constraints and moral concerns. Continue Reading: Circle CEO: Unlikely for USDC to be used for Iran Strait transit, defends freeze policy after $285M hack The post Circle CEO: Unlikely for USDC to be used for Iran Strait transit, defends freeze policy after $285M hack appeared first on COINTURK NEWS .
