Bitcoin24h $87,471.27+3.20%

Ethereum24h $1,646.16+3.22%

XRP24h $2.13+3.09%

BNB24h $604.70+1.94%

Solana24h $140.80+1.31%

Dogecoin24h $0.1622+3.29%

TRON24h $0.2448+1.21%

Cardano24h $0.6436+3.00%

Chainlink24h $13.57+4.97%

UNUS SED LEO24h $9.41+0.87%

Why is Tether 213% bigger than Circle but 8,000% more profitable?

Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.

Circle lawsuit seeks $1M refund for USDC lost by pharma CEO

CelaCare’s lawsuit wants the stablecoin provider Circle to issue a $1 million USDC refund after its CEO sent crypto to the wrong address.

USDC issuer Circle has announced that it would no longer be continuing support for the stablecoin on Justin Sun’s TRON blockchain.

Tether’s most recent assurance shows continued growth in market cap, profits, and reserves; vastly outpacing competitors like Circle.

At the end of 2023, algorithmic stablecoins are out, US-based stablecoins are shrinking, and international ones like Tether are exploding.