4 Articles
4 Articles
Why Circle has become crypto’s most valuable payments asset
Rumours that Ripple could pursue Circle have reignited questions around who will control the infrastructure underpinning stablecoins, cross-border payments and digital dollar settlement. RUMOR ALERT Ripple could deploy $11B to acquire Circle, in a bold move to outbid Coinbase. $USDCThat would put the second-largest stablecoin under Ripple’s control and reshape crypto payments in the U.S. If this happens, it’s not bullish.It’s game over. $XRP pi…
Tether and Circle dominate $260 billion stablecoin market
🚨 Tether and Circle now control $260 billion in stablecoins. Their market dominance is making it harder for new players to innovate. Continue Reading:Tether and Circle dominate $260 billion stablecoin market The post Tether and Circle dominate $260 billion stablecoin market appeared first on...
The USDT and USDC domain could be slowing down a key stage in the evolution of stables. That’s the warning from Ben O’Neill, Bridge’s executive, who claims that lack of competition and rising costs threaten to make it difficult for these assets to function as money within large-scale payments and settlements. *** Ben O’Neill, head of money movement at Bridge, said that Tether and Circle do not cover all cases of market use. The executive critici…
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