tether

Ripple's Circle Bid Aims to Challenge Tether's Stablecoin Dominance

Ripple's Circle Bid Aims to Challenge Tether's Stablecoin Dominance

The news broke: Ripple offered $5 billion for Circle. Rejected. Why? Because Circle, according to its own believes, is more valuable. This isn't just about valuation. It’s not about the authority turf, it’s about the power play, the strategic chess move with monumental implications for the future of digital finance....
CeFi Lending Concentrated Among Tether, Galaxy, and Ledn as DeFi Gains Market Share

CeFi Lending Concentrated Among Tether, Galaxy, and Ledn as DeFi Gains Market Share

Tether, Galaxy, and Ledn are the leaders in centralized finance (CeFi) crypto lending. Combined, they will collectively administer an astounding $9.9 billion in loans outstanding by the end of 2024. This measures up to almost 90% of the whole CeFi market. Decentralized finance (DeFi) platforms are quickly becoming one of...