@infinity29mage
As of March 11, 2025, the "stablecoin wars" have intensified, with Tether (USDT), USD Coin (USDC), and emerging players vying for dominance. This competition boosts market liquidity, as higher transaction volumes—stablecoins now exceed $200 billion in market cap—facilitate smoother trading. However, it challenges price stability: rivalries may lead to reserve transparency issues or depegging risks, as seen in past USDC fluctuations. Investors should prioritize stablecoins with audited reserves (e.g., USDC) for safety, use yield-bearing options like Ethena’s USDe for returns, and diversify across assets to hedge volatility. Monitoring on-chain data and regulatory shifts is crucial for informed choices.