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That's what Chelsea can sell Circle that a blockchain can't: cultural familiarity

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Image by CryptoSlate.

USDC already knows how to stay near a dollar.

Key facts

Summary

01 Circle put USDC on Chelsea’s shirt, taking its stablecoin brand to millions of football fans. 02 More USDC in circulation can grow the reserve base that generates most of Circle’s revenue. 03 Chelsea can make USDC familiar, but recognition doesn’t mean fans understand what they’re being offered. Chelsea has found a cool new shirt sponsor whose main product is…a stablecoin? USDC is designed to be worth one dollar.

Read full article at CryptoSlate →

#Circle #United Kingdom #Bitcoin