[Vitalik: Using USDC on the Ethereum chain is much better than transferring funds between CEX accounts] Golden Finance reported that Vitalik Buterin responded to a netizen at Much more" this view, "because it builds network effects and user habits in the right place (on-chain), making it easier for users to switch to other options later. As an individual, I could even choose to just hold ETH and do that. Exchange in real time with others who want USDC.”