First, there's Tether > We're the only option in town.
Then, there's Circle > We're more legit than Tether, we're based in the US.
Now, there's the banks > We're more legit than Circle, we're banks!
Eventually, the Fed itself will start issuing stablecoins and out-legitimize everyone else.
First, there's Tether > We're the only option in town. Then, there's Circle > We're more legit than Tether, we're based in the US. Now, there's the banks > We're more legit than Circle, we're banks!
Eventually, the Fed itself will start issuing stablecoins and out-legitimize everyone else.