Tether is facing competition from a stable coin called D c. Circle plans to back 100% of its reserves by cash and short duration U.S. Treasuries. Tether's best days are far behind em, says Mark O'Mara. And i think they'll just be banned in new york, he adds.
In today's news show, Jason covers OnlyFans being back to business as usual (1:31), the stablecoin Circle cleaning up commercial paper from their USDC reserves (16:49), and does a break down of Warby Parker's S-1 as the company prepare to go public via direct listing (30:30).