Bitcoin24h $124,066.76+0.93%

Ethereum24h $4,565.11+0.69%

XRP24h $2.99-0.71%

BNB24h $1,218.19+4.99%

Solana24h $232.87+0.35%

Dogecoin24h $0.2581-0.28%

TRON24h $0.3443+0.56%

Cardano24h $0.8507-1.49%

Hyperliquid24h $48.59-1.67%

Chainlink24h $22.13-2.24%

Circle grows faster than Tether this year

Circle’s USDC has made substantial gains in 2025 across several metrics against its main stablecoin competitor, Tether’s USDT.

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 and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.

Jack Mallers will serve as the dual CEO of Strike and Twenty One. His new venture already has a post-merger valuation above $9B.

Tether-backed Twenty One’s plan to acquire over 42,000 BTC sounds not unlike Michael Saylor’s leveraged BTC acquisition strategy.