Circle, the issuer of the USD Coin (USDC) stablecoin, has warned about an active phishing campaign whose organizers are trying to lure users into sending their tokens to malicious addresses.
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The fraudsters are pretending to work for Centre, a consortium founded by Coinbase and Circle, claiming that there is a new version of the stablecoin.
Circle says that all of the messages that are urging users to migrate their tokens are fake.
USDC is the second-largest stablecoin with a total market cap of $44.1 billion, according to CoinGecko data.
In a recent letter to Congressional leaders, Circle CEO and founder Jeremy Allaire called for clear U.S. legislation on stablecoins.
Godfrey Benjamin
Yuri Molchan
Mushumir Butt
