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)

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  —  Circle equity is worth $30.5b.  Tether's topco is reportedly raising capital at $500b.  Together, the two stablecoins boast $245b in supply …

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)

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  —  Circle equity is worth $30.5b.  Tether's topco is reportedly raising capital at $500b.  Together, the two stablecoins boast $245b in supply …

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