ANALYSIS: Does the Circle IPO value Tether at $316B?
Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether.
Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether.
Circle (CRCL) is going public this week, but traders transposed their excitement to another CRCL stock, which spiked 16,000%.
Circle and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.
Donald Trump-endorsed USD1 stablecoin has grown to over $2 billion in market capitalization but provides no transparency.
Bank of America is happy to pay lobbyists to convince the US government to pass laws and rules favoring bank-operated stablecoins.