You are viewing a single comment's thread from:RE: USDC: explain the business model?View the full contextropaga (56)in #coinbase • 7 years ago They could try to manipulate Bitcoin price like Bitfinex did with Tether: https://cryptoslate.com/bitcoin-price-manipulation-study-suggests-2-5-billion-tether-used-to-create-artificial-btc-demand/
How? They cant print the token unless they have the actual usd.
So they cant manipulate. If they can please explain how?