I just saw that the boss of Circle was in a hurry and sent a tweet saying that he wanted to reclaim HYPE's territory, and someone in the comment area said a fact: in fact, USDC's actions and reactions are quite slow, no wonder the stock price has been cut in half. @HyperliquidX can engage in this investment promotion because I feel that USDC subsidizes CEX too much, and I am unhappy not to subsidize Dexperp. Although USDC has the first-mover advantage of listing, it is not a peace of mind, at least I would be happy to see catfish like USDe continue to cause trouble. It was interesting to listen to a podcast about stablecoins in Silicon Valley today, and the war on stablecoins has actually just begun. Another bonus for me is that I can clearly see more and more stablecoin projects fighting for funds recently, and the Financial Management Bureau can't see it. Competition also forces the giants to continue to subsidize, and if you have a lot of money in your hand now, it is really...
Show original
38.51K
102
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.