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+--- Thread: Circle Froze cUSDC and Accidentally Made Monero’s Case (/showthread.php?tid=6326309)
Circle Froze cUSDC and Accidentally Made Monero’s Case - Au Jus Demon - May 30, 2026
Stuff like this is why XMR keeps proving why it is still on top for privacy coins. If a token can be frozen, blacklisted, or rugged by a third party, it was never real privacy.
Privacy should not need a trust layer, permission, or some company sitting above it with a blacklist button. That is the whole point.
RE: Circle Froze cUSDC and Accidentally Made Monero’s Case - Cooligan - May 30, 2026
It seems that people are constantly trying to adopt the "next best thing", when in reality we've already had the "best thing" in terms of crypto anonymity and security for years now with Monero.
I still don't understand why Exodus wallet stopped its support for Monero.
RE: Circle Froze cUSDC and Accidentally Made Monero’s Case - Au Jus Demon - May 30, 2026
(May 30, 2026 09:54 AM)Cooligan Wrote: It seems that people are constantly trying to adopt the "next best thing", when in reality we've already had the "best thing" in terms of crypto anonymity and security for years now with Monero.
I still don't understand why Exodus wallet stopped its support for Monero.
Yeah, I read that cUSDC was only going to mask balance and transactions, but the system can support observer access for auditors/regulators. It was only private from the public. I guess that was already a big enough draw for some.
RE: Circle Froze cUSDC and Accidentally Made Moneros Case - Edmond Dantes - May 30, 2026
I get convinced with each day that XMR is the future of crypto.
RE: Circle Froze cUSDC and Accidentally Made Moneros Case - Rsynced - May 30, 2026
Always think of some cia guy sitting there watching the hidden blockchain and can see all the wallets and exchanges.
Cryptography is only as secure as the current computing power. While no publicly known exploits exist to break Monero's cryptography, future advancements could potentially threaten these privacy layers.
RE: Circle Froze cUSDC and Accidentally Made Moneros Case - Mewtwo - May 30, 2026
I think a great feature XMR should have is also a USD similar like stable coin. A stable coin for privacy coins. I’m not sure how would that work, and the trust behind it as well, or the backing of 1:1.
(May 30, 2026 09:54 AM)Cooligan Wrote: It seems that people are constantly trying to adopt the "next best thing", when in reality we've already had the "best thing" in terms of crypto anonymity and security for years now with Monero.
I still don't understand why Exodus wallet stopped its support for Monero.
I wouldn’t trust Exodus or any third party wallet besides either the official Monero GUI or Featherwallet. You lost complete privacy in public nodes and all the tracking behind those wallets.
RE: Circle Froze cUSDC and Accidentally Made Moneros Case - lordshisho - May 31, 2026
cUSD was a poor attempt at a privacy solution which completely ignored the fact that the underlying collateral could be frozen at any time.
All cUSD did was co-mingle centralized stables in a liquidity pool without any anonymity and that always carries the tail risk of co-mingling with bad funds. One bad apple ruins the entire bunch.
At least products like Tornado Cash break the sender/receiver chain and can meet their intended use-case without risk of censorship.