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RE: LeoThread 2023-11-15 03:13

in LeoFinancelast year

USDC isn’t in good shape. Declined to 19% stablecoin market share and continues to decline rapidly. Circle has been trying to IPO, but that looks unlikely now

https://archive.is/2023.11.15-031320/https://www.bloomberg.com/news/articles/2023-11-15/circle-ipo-usdc-loss-to-tether-may-complicate-listing-plans-usdc-usdt

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Thats sad to hear.. Imagine what those with a big asset would have loose with that

True

That's just the painful aspect about cryptocurrencies at times

My thoughts were they would get taken over by someone like JPM or Goldman. It seemed like a great way for them to gain a foothold.

Seems like an opportunity for HBD.

Keep building my friend.

The market for these poorly designed stablecoins is crumbling at their feet

There are many great options out there. I think $HBD has a lot of potential to take some market share. It needs to be financed, positioned and propagated

To me, it has to be built around. Get Financial Services tied to it and we are talking next level stuff.

It is an advantage we have on Hive. HBD is native to what we have here.

Yes. need bonds. Need offramps. Need onramps

Liquidity. Use cases. Awareness

Yep. But have to start somewhere and catering to what is here is the beginning. We can generate a great deal of value simply from what we have.

It will also outpace what others are doing and draw many into the fold.

The thing about Leo is we have many tentacles going in different directions. They will not snare a lot but the compounding effect will show up at some point.

That is how we go exponential.