#BigTechStablecoin
Circle’s IPO on the NYSE last week, raising $1.1 billion with shares tripling to over $90, highlights growing trust in this stablecoin, now with a $61.5 billion market cap. Coinbase CEO calls it the most trusted, backed by cash and Treasuries, outpacing Tether’s opacity. Yet, a $1.8 billion USDC outflow from Solana raises questions about adoption shifts. With big tech like Apple and Google eyeing stablecoin integration, and new zero-fee trading promotions, USDC’s role in global finance is evolving—though regulatory and competitive pressures loom large. What’s your take?"