Binance-Circle Deal Boosts USDC in Stablecoin Race
A 5-year Binance-Circle deal could strengthen USDC's position against Tether's USDT in emerging markets, according to analysts cited by CoinDesk.
Can one exchange partnership meaningfully shift stablecoin market share, or does Tether's years-long liquidity advantage make any USDC gain only marginal, no matter how wide the distribution becomes? The answer matters beyond these two companies. It will help decide which stablecoin becomes the default dollar proxy for the next wave of users entering crypto through emerging markets, and who controls that flow of money.
https://www.bonuz.xyz/en/blog/binance-circle-deal-boosts-usdc-stablecoin-race
A 5-year Binance-Circle deal could strengthen USDC's position against Tether's USDT in emerging markets, according to analysts cited by CoinDesk.
Can one exchange partnership meaningfully shift stablecoin market share, or does Tether's years-long liquidity advantage make any USDC gain only marginal, no matter how wide the distribution becomes? The answer matters beyond these two companies. It will help decide which stablecoin becomes the default dollar proxy for the next wave of users entering crypto through emerging markets, and who controls that flow of money.
https://www.bonuz.xyz/en/blog/binance-circle-deal-boosts-usdc-stablecoin-race
