Tether vs Circle #crypto

Key Takeaways

Tether versus Circle, do you see one starting to dominate the other in new ways? I believe USDC has surpassed them on transaction volume, but it's still behind on market cap and transaction count. So, that's new. Yep. Volume up, but still behind on the other dimensions. I think of them as serving very different and complementary roles. I think one of the misses in this stablecoin market is that it's very easy to view the world, like the stablecoin world, as zero-sum because it literally is like that's the way it's pictured. >> [laughter] >> It's like a pie chart and everybody has a slice of the pie, which like pie is zero-sum. If someone gets a slice, you don't get a slice.