Tether is addressing the payments problem head-on with @PlasmaFDN, the ‘stablecoin-only’ L1 for payments. With $159B in USDT (~3x USDC’s $60B market cap), Plasma positions its XPL token as direct exposure to the largest stablecoin provider. Can Tether’s XPL outperform Circle’s IPO? Here’s what @0xFishinChaos covered in his latest report:

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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