$0.99
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9 Oct, 15:07
Bullish on USDC stablecoin dominance
Bullish+0.02%
AI Summary
The author is bullish on USDC, arguing that EU regulatory pressure against USDT will drive users to USDC, allowing it to capture a significant 24% stablecoin market share with substantial upside potential.
Samsung's wallet is open
It targets new users
Opening up incremental markets
The EU is cracking down on USDT
Guiding users toward USDC
Even within the existing stock, there is a bias toward USDC
The future market won't be dominated solely by USDC
But as long as USDC firmly holds a 24% share of the stablecoin market
Its odds are high
And its ceiling is very large https://x.com/wufantouzi/status/2108574960293994947/photo/1