stablecoins
Circle calls for faster collective defense after Binance incident
Circle said the Binance incident underscored the need for rapid coordination among issuers, law enforcement, regulators and market participants.
Circle published a response to the Binance security incident arguing that collective defense across the digital-asset ecosystem needs to operate at machine speed. The company emphasized coordination among law enforcement, regulators and market participants. Avenor News reports the statement as an industry and stablecoin-infrastructure development, not as promotion of USDC or any financial product.
Primary source: Circle