Circle has just released a capital management whitepaper for the stablecoin USDC! 📄

- Proposes a risk-based capital management model that goes beyond Basel standards.

- Highlights the unique risks of stablecoins such as price volatility, sell-offs, and technology risks.

- New TCAF model: stress testing reserves, soliciting input from stakeholders.

Set simple, effective goals that align with global regulations.

What do you think of this model? Comment below! 💬#Crypto#Blockchain#Finance#BTC