Criticism of the Use of Bridge Deposits in USDC by Polygon 🚨
Mikko Ohtamaa, co-founder of Trading Strategy, has criticized Polygon for its use of deposits in USDC with bridges in financial markets like Morpho. The main risks include the erosion of trust in self-custody, lack of transparency, and regulatory scrutiny. Ohtamaa suggests that Polygon explore more transparent and opt-in methods for users.
