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Binance Founder Says Crypto Payments Are A ‘Problem’ As Reddit Post Exposes How USDC Transfers Reveal Entire Wallet Histories

Posted On December 19, 2025

On Thursday, Binance (CRYPTO: BNB) founder Changpeng Zhao weighed in on a growing crypto privacy debate after a post on Reddit Inc. (NYSE:RDDT) showed how sending USDC (CRYPTO: USDC) can expose a user’s full wallet history to recipients.

Reddit Post Highlights Stablecoin Privacy Pitfalls

Earlier this month, pseudonymous DeFi trader Ignas shared a screenshot of a Reddit post as “Exhibit 2” to demonstrate privacy risks in stablecoin payments.

In the post, a user said a freelancer they paid in USDC looked up their wallet address and questioned why it held so much of the stablecoin.

The user wrote that it was “awkward” to realize that “anyone you pay can see literally everything,” …

Full story available on Benzinga.com

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