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 has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.
While the affected transactions come from distinct addresses, their transaction histories suggest they are from the same individual.
Coinbase has pulled out of Turkey’s crypto market and requested to be liquidated in order to “remain adaptive to regulatory landscapes.”
CelaCare’s lawsuit wants the stablecoin provider Circle to issue a $1 million USDC refund after its CEO sent crypto to the wrong address.
The bridge connecting gaming-focused Ronin Network to Ethereum has been paused after losing over $11M worth of ETH and USDC to MEV bots.