I hope Circle wins out in the end. Tether is super sketch. The fact that they they’ve only done attestations but haven’t done a full audit says everything.
At what point would it be profitable to run a 51% attack on any of the big chains?
Quick summary: Tether (USDT) and Circle (USDC) are battling to win the US dollar stablecoin market.
An orthogonal question I’ve always had is what happens if SHA-256 is broken?
[stub for offtopicness]
https://archive.ph/rV2tK