A look at challenges facing Tether and Circle's stablecoin duopoly, such as intermediaries like exchanges and DeFi protocols exploring their own stablecoins (Nic Carter/Murmurations II)

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Nic Carter / Murmurations II:
A look at challenges facing Tether and Circle's stablecoin duopoly, such as intermediaries like exchanges and DeFi protocols exploring their own stablecoins  —  Three's a crowd  —  Circle equity is worth $30.5b.  Tether's topco is reportedly raising capital at $500b.

from Techmeme https://ift.tt/dhCr3Wy