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Vitalik: Using USDC on the Ethereum chain is much better than transferring money between CEX accounts

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2024-08-26 03:52:05
Vitalik Buterin said in a reply to netizens on X that he agreed with the view that "[using] USDC on the Ethereum chain is much better than transferring money from CEX account to account", "because it builds network effects and user habits in the right place [on the chain], making it easier for users to switch to other options later. As an individual, I can even choose to just hold ETH and exchange it in real time with others who want USDC."
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