Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive
Circle and Tether are going to make it harder for stablecoins to feel like money, said Ben O'Neill, head of money movement at Bridge.
The negative sentiment surrounding Tether and Circle may lead to increased selling pressure on stablecoins, potentially causing a decline in their value. This could also result in a broader bearish trend in the crypto market as investors reassess their positions.
Circle and Tether are going to make it harder for stablecoins to feel like money, said Ben O'Neill, head of money movement at Bridge.
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