The Stablecoin War Enters the Second Half
Binance announced an equity investment of $100 million into Circle, along with signing a five-year USDC cooperation agreement.
On the surface, this looks like an investment—but in reality, it’s a decision of sides.
After all these years of stablecoin warfare, the landscape has always been delicate:
One side is USDT, built up by scaling through trading venues;
the other is USDC, breaking through via compliance.
And now, the world’s largest exchange has used real money to cast its vote.
For ordinary users, the signal value of this matter far exceeds the amount:
Regulated stablecoins are getting backing from the industry’s most top-tier resources;
The narrative that “stablecoin = the on-chain extension of the U.S. dollar”
is being jointly pushed forward by exchange giants.
Every handshake from these giants is redefining where the finish line of this race will be.
Do you usually use more USDT or more USDC?
$MUBARAK
$BNB
$USDC
Binance announced an equity investment of $100 million into Circle, along with signing a five-year USDC cooperation agreement.
On the surface, this looks like an investment—but in reality, it’s a decision of sides.
After all these years of stablecoin warfare, the landscape has always been delicate:
One side is USDT, built up by scaling through trading venues;
the other is USDC, breaking through via compliance.
And now, the world’s largest exchange has used real money to cast its vote.
For ordinary users, the signal value of this matter far exceeds the amount:
Regulated stablecoins are getting backing from the industry’s most top-tier resources;
The narrative that “stablecoin = the on-chain extension of the U.S. dollar”
is being jointly pushed forward by exchange giants.
Every handshake from these giants is redefining where the finish line of this race will be.
Do you usually use more USDT or more USDC?
$MUBARAK
$BNB
$USDC