June 30, 2026·Bearish·community social

JAN3 CEO Questions USDC and Circle's Survival

Samson Mow, CEO of JAN3, raised doubts about the long-term viability of USDC and its issuer Circle, citing Coinbase's backing of the stablecoin and its connections to OUSD. His comments intensify scrutiny of stablecoin reserves and counterparty risks.

Detected & updated continuously · Source: Nebula

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JAN3 CEO Samson Mow said USDC and Circle face survival questions, citing Coinbase’s role as a key USDC backer and its links to OUSD. The remarks sharpen scrutiny of stablecoin reserves, counterparties and the platforms underpinning them.