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3AC liquidation chaos, Taibbi’s USDC deep dive, startup employee advice + more | E1506

This Week in Startups

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Transparency Issues in Circle's Financial Practices

This chapter explores the risks and complexities associated with Circle Internet Financial and its stablecoin USDC, focusing on concerns about reserve management and the implications of misleading marketing. The importance of journalistic accountability is emphasized as the discussion highlights the need for clearer regulations in the cryptocurrency space amidst ongoing skepticism about investment safety.

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