Polygon’s USDC bridge under fire! 🚨 Trading Strategy co-founder Mikko Ohtamaa sees Polygon’s use of user USDC deposits in marketplaces like Morpho as risky:
- User trust is eroding: Multi-signature wallet control undermines perception of self-governance.
- On the regulatory radar: Billion-dollar movements could attract attention.
- Lack of transparency: Users can’t opt in to this mechanism.