CRCL Crazy New High
Stablecoin-related assets in cryptocurrency have not increased at all, and some have even decreased. Why is this?
The success of 'compliant stablecoins' dominated by Wall Street giants is not purely beneficial for the native 'decentralized stablecoin' protocols in the crypto world; to a large extent, it is a direct and lethal competition and 'bloodsucking'.
What capital is chasing is a high-cap, self-interested group that represents the interests of the dollar elite.
Meanwhile, the small players and marginalized individuals in the crypto space are simply not worthy of a seat at the table to share in the spoils.