Stablecoins have a considerable depth of moat. In my opinion, stablecoins are very similar to social media. Although there are now hundreds of stablecoins, USDT & USDC still account for 90% of the overall market capitalization.
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Stablecoins have a considerable depth of moat. In my opinion, stablecoins are very similar to social media. Although there are now hundreds of stablecoins, USDT & USDC still account for 90% of the overall market capitalization.