BTC79,321-1.63%ETH2,255.37-2.15%SOL90.69-4.07%BNB672.18-1.00%XRP1.43-1.23%ADA0.2639-3.09%DOGE0.1133+0.26%AVAX9.68-3.37%LINK10.24-2.99%DOT1.32-5.07%BTC79,321-1.63%ETH2,255.37-2.15%SOL90.69-4.07%BNB672.18-1.00%XRP1.43-1.23%ADA0.2639-3.09%DOGE0.1133+0.26%AVAX9.68-3.37%LINK10.24-2.99%DOT1.32-5.07%

#Circle

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OpinionMar 29

Stablecoins Are Now the Product. Everything Else Is Distribution.

Tether is the most profitable company per employee in modern financial history. Circle is a quiet infrastructure monopoly. The rest of crypto is, increasingly, a distribution channel for their balances.