Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive
Burns Brief
Circle and Tether are going to make it harder for stablecoins to feel like money, said Ben O'Neill, head of money movement at Bridge Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $ETH for reaction — a decisive move above or below key levels will confirm the next trend.
Circle and Tether are going to make it harder for stablecoins to feel like money, said Ben O'Neill, head of money movement at Bridge.
Key Takeaways
- Circle and Tether are going to make it harder for stablecoins to feel like money, said Ben O'Neill, head of money movement at Bridge