Big news in the world of cryptocurrencies! Two companies, Tether and Circle, are competing to be the top stablecoin. Stablecoins are like special digital money that try to stay the same value as a real-world currency, like the US dollar. This is a really important competition because it will affect how we use digital money in the future.
- Tether likes to do things its own way, focusing on freedom.
- Circle wants to work with governments and follow the rules.
- The US government is thinking about new rules for stablecoins.
- Circle's USDC stablecoin is growing fast and is considered by some as "America's first digital dollar".
| Fact | Number |
|---|---|
| USDC transactions per month | Over $1 trillion |
| USDC growth in the last year | 100% |
