Bridge Exec: Tether and Circle Domination Hurts Stablecoins
Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive A Bridge executive has argued that the stablecoin market’s heavy concentration around Tether (USDT) and Circle (USDC) is ultimately harmful for the sector, framing the current landscape as too dependent on two issuers. The comments highlight a recurring concern in crypto…
