USDT and USDC.
Who will unify the cryptocurrency world in the future?
🔥 Tether is really afraid of what is coming 🔥
Something big is really coming
Yesterday, it was just said that the biggest risk of USDT is not the price
But the opponents
As a result, it was proven today
Tether is intensively preparing to raise $20 billion
Target valuation $500 billion‼️
This is going to directly suppress USDC with scale
Cz's investment advice
80% buy mainstream currencies, safe and stable
20% buy potential currencies, small bets for big returns
Focus on 🔥 Binance Chain 🔥 quality potential coins
⬇️ Click the s s s below ⬇️ to enter Binance Wallet for trading
But looking back
The issuer of USDC, Circle, is even tougher
Circle directly throws money
Acquired a cryptocurrency company called Axelar
With one move, it increased the coverage of the USDC public chain by 8 times
This is not an ordinary merger
Axelar is the universal adapter in the blockchain world
Its cross-chain technology
Allows USDC to circulate freely between different blockchains
Just like a Type C interface
Universal for Android and Apple
This move
Directly filled Circle's biggest shortcoming
USDC can be used as money regardless of which chain it is on
Usage scenarios have directly doubled
What's tougher is
Circle is not just buying technology
But also bringing the entire R&D team of Axelar into its fold
Technology, talent, and a protective moat
All at once
For USDT
The real discomfort is not just these
While USDC is expanding wildly
Its compliance is actually stronger
The cross-chain risk control system that Axelar comes with
Is like a security check system
Making it easier for Circle to meet regulatory requirements
Institutional funds are more assured to use
In contrast, USDT
Since the day it was born
The doubts about compliance, reserves, and transparency have never stopped
Not long ago
It was directly rated at the lowest by S&P
To sum it up
USDT is raising money
USDC is spending money
One crushes with scale
The other penetrates with infrastructure
This is not short-term competition
But the ultimate battle for the stablecoin world
Who do you believe in more?
