TLDR · MISCELLANEOUS

THE STABLECOIN DUOPOLY IS ENDING

murmurationstwo.substack.com17 min read

Summary from the TLDR newsletter

Circle and Tether together boast $245 billion in supply - 85% of the stablecoin market. A few pieces have now come together to poke holes in this duopoly. It is now much easier to create, swap, and use stablecoins. New laws are making it possible for competition. The current stablecoin market is 10 years old, and the race has only just begun.