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Solana Foundation President: Expect Tether and Circle Profits to Tank
Summary by 99 Bitcoins
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1 Articles
Solana Foundation President: Expect Tether and Circle Profits to Tank
Forget meme coins. In 2025, crypto is being defined by stablecoins. USDT by Tether remains the undisputed leader, commanding over $175 billion as of early October 2025. USDC by Circle is in second place, while algorithmic alternatives like Ethena’s USDe and Sky’s USDS are making massive strides. The explosion of stablecoins has pumped the broader crypto market, benefiting some of the best cryptos to buy. With Tether minting billions, capital has…
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