The suspension of Multichain exposes asset security issues. How can we judge whether a stablecoin is an official native asset?

Recently, it was discovered on FTM that USDT/USDC was issued by Multichain, which surprised many people. When using cryptocurrencies, the most important thing is to keep your assets safe. Therefore, it is very important to understand the chain on which the cryptocurrency resides and its officially supported cross-chain bridges. In this article, Miaowa Seeds will take you to understand how to judge which U on the chain is an officially issued original asset, and how to determine its cross-chain bridge support. The following is the text:

**USDT/USDC on FTM turned out to be made by Multichian? **Many friends watched the excitement and found that their own houses had collapsed.

Briefly talk about how to know which U on the chain is the official original asset, if not, how to know what cross-chain bridge is supported, SAFU!

USDC: After entering the homepage of the official website, slide down to FAQ, and there is an article stating that USDC is native on 8 chains, Ethereum/Solana/Avalanche/TRON/Algorand/Stellar/Flow/Hedera, and all other chains are bridging assets.

Although USDC on Polygon has been officially supported by Circel and can be directly deposited and withdrawn from Circle accounts, it is still officially bridged by Polygon rather than native. However, Circle is officially willing to support it, which shows that its security is still recognized to a certain extent.

USDT: There are all natively supported chains under the Traspanrency page of the official website. It can be noticed that the "Omni" here is the ancestor of the so-called BRC20 frequently mentioned by OG recently. USDT was originally issued on BTC/Omni.

**It is not a chain of native assets, so what kind of cross-chain bridge is it supported by? **

We can query through DeFillama, enter the Stablecoins TAB on the left and click on USDC to see which bridges the USDC of each chain is supported by.

If you can’t find it on DeFillama, you can only Google, or look for information on the blockchain browser. For example, FTMScan points out that the USDC is supported by Multichain.

Of course, you will be surprised to find that **L2's U is still non-native. **But don’t panic, L2 is based on XXXXXX technology. Simply put, the current mainstream L2 bridging assets are generally safer than L1, you can simply look at the risks through l2beat.

Yes, after reading it, you must also understand that the complaints about the slow work of the OP team are not groundless.

All in all, try to hold the original assets of the mainstream chain. Otherwise it will become: Not your keys, not your coins. But your coins are issued by Multichain!