🔥Teda Company is really afraid of what comes🔥
The big one is really coming
Yesterday I just said that the biggest risk of USDT is not the price
But the counterpart
As a result, today it has been confirmed
Tether is intensively preparing to raise 20 billion US dollars
Target valuation of 500 billion‼️
This is to directly press USDC to the ground with its size
But looking back
The issuer of USDC, Circle, is even more ruthless
Circle directly splashed funds
Acquired a crypto company called Axelar
With one move, it increased the coverage of USDC's public chain by 8 times
This is not an ordinary merger
Axelar is the universal adapter in the blockchain world
Its cross-chain technology
Allows USDC to flow freely between different blockchains
Just like the Type C interface
Compatible with Android and Apple
This move
Directly fills Circle's biggest shortcoming
No matter which chain USDC is on
It can be used as money
The usage scenarios have directly doubled
What's even more ruthless is
Circle is not just buying technology
But also bringing the entire R&D team of Axelar into the fold
Technology, talent, and a moat
All at once
For USDT
The real discomfort is not just these
While USDC is expanding wildly
Its compliance has actually become stronger
The cross-chain risk control system that Axelar comes with
Is like a security check system
Making it easier for Circle to meet regulatory requirements
Institutional funds are more at ease to use
In contrast, USDT
From the day it was born
Questions about compliance, reserves, and transparency have never stopped
Not long ago
It was directly downgraded to the lowest rating by S&P
In summary
USDT is raising money
USDC is spending money
One relies on size to crush
One relies on infrastructure to penetrate
This is not a short-term competition
But the ultimate route battle in the stablecoin world
Who do you believe in more?
Welcome to follow + criticize
