The Wall Street Journal: Tether and Circle are vying for industry regulatory dominance in the stablecoin sector

Golden Finance reported that The Wall Street Journal article stated that Tether and Circle are vying for regulatory dominance in the stablecoin industry. Tether and Circle represent two competing models of stablecoin: Tether insists on the concept of decentralization, while Circle promotes regulatory compliance. U.S. legislators have proposed multiple stablecoin regulatory bills, which may force Tether to adjust its reserves. Según informes, este conflicto involucra tanto ideología como negocios, y el resultado de esta lucha determinará el futuro de moneda estable. Si los reguladores logran marginar a Tether con éxito, es posible que USDC de Circle gane cuota de mercado y lleve aún más moneda estable al sistema financiero tradicional.