Rate Cuts Threaten Profits of Stablecoin Giants Tether and Circle

Stablecoin giants Tether and Circle face a revenue challenge as upcoming US interest rate cuts threaten to reduce the substantial income they earn from interest-bearing US Treasurys. MartyParty, a crypto analyst on X, warned that when interest rates drop, both issuers will “lose a lot of revenue” because they rely heavily on yield from their […] The post Rate Cuts Threaten Profits of Stablecoin Giants Tether and Circle appeared first on Coin Edition.