How many banks are there in the world? The stablecoin war is about a portion of banks’ market share. The market for stablecoins is large enough to accommodate multiple stablecoin issuers; #OUSD #CRCL are in an incremental market, and the game has just begun. The key is to stake a claim early.
Stablecoins are just money. The CLARITY Act clearly states they cannot earn interest; if they’re only used for spending and transfers, the funds won’t really be retained.
To retain money so it can earn interest, the CLARITY Act has also basically made it clear that activity-based rewards are still allowed. Interest-earning retention needs to rely on DeFi—such as providing interest-bearing trading pairs, earning through staking, and so on. In this area, #CRCL has greater advantages.
Stablecoins are just money. The CLARITY Act clearly states they cannot earn interest; if they’re only used for spending and transfers, the funds won’t really be retained.
To retain money so it can earn interest, the CLARITY Act has also basically made it clear that activity-based rewards are still allowed. Interest-earning retention needs to rely on DeFi—such as providing interest-bearing trading pairs, earning through staking, and so on. In this area, #CRCL has greater advantages.