On The Brink with Castle Island cover image

Weekly Roundup 09/09/22 (Stablecoin wars, White House energy report, Gensler attacks) (EP.347)

On The Brink with Castle Island

CHAPTER

Binance Tether and Paxos - What's Going on With Them?

I don't see any reason why the largest exchanges shouldn't really be in the driver's suit for stable coins. Coin base is also in a pretty strong position if they ever wanted to defect from us. T'ether has actually been growing their market share since february of this year. I know people kind of wrote them off, but they've recovered a little bit on em back. They took a hit there around,. um, you get to wonder what the percentage of tether users are that are chinese nationals.

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