Tether Advisor: USDT will remain in the lead, disagreeing with VanEck’s prediction that “USDC will eventually replace USDT”

Odaily News Tether consultant Gabor Gurbacs posted on the Tether will continue to lead and gain market share. First, stablecoins are primarily a retail (individual) focused instrument. This is a point I made before USDC came along and USDT market cap was well below $100 million. Tether Stake Focusing on retail investors, Circle focuses on institutions. Secondly, stablecoins mainly focus on emerging markets. In the United States and developed markets, there is almost no need for stablecoins. Tether is betting on emerging markets, and historically, Circle has been betting on developed markets. Third, in most places where stablecoins are used, U.S. companies are no longer trusted due to an unclear regulatory environment and an unstable political landscape regarding new technologies and financial innovation. Tether is a non-U.S. company, while Circle is a U.S. company . Fourth, the international allocation of US dollars is in the national interest of the United States, rather than just focusing on the United States, Tether is doing this work and is a large buyer of Treasury bonds. Tether is just making the right bet in the above 4 areas / Focus on the right areas. This is why Tether continues to lead and will maintain this momentum. I also believe that over time, Tether will work with more and more institutions around the world.”