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» 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)
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)
By
Eresh
•
October 04, 2025
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http://www.techmeme.com/
Techmeme
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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.
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