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Tether and Circle Are ‘Printing Money’ But Competition Is Coming: Wormhole Co-Founder
coindesk.com/business/2025/09/28/tether-and-circle-are-printing-money-but-competition-is-coming-wormhole-co-founder
Stablecoin giants like Tether and Circle are profiting from the current high-interest rate environment while stablecoin holders see none of the returns, said Wormhole’s co-founder, Dan Reecer, at Mercado Bitcoin’s DAC 2025 event.
Speaking as a panelist, he said the companies are…
This story appeared on coindesk.com, 2025-09-28 12:00:00.