The Tether and Circle titans battling for control of the crypto future

The Tether and Circle titans battling for control of the crypto future
by macbudkowski.eth5764 🥝 • 2y • wsj.com
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Seems like Circle tries to follow the regulatory capture playbook. Here's a great presentation by Benchmark's Bill Gurley introducing the concept: https://www.youtube.com/watch?v=F9cO3-MLHOM
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Well yes, thanks to MiCA I just had to convert to USDC
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Well yes, thanks to MiCA I just had to convert to USDC

Actually just yesterday I borrowed Tether against WBTC on Aave. In fact, the EU regulation didn't bother me because ended up swapping the Tether to EURe. I now owe some Tether to Aave for them to return my WBTC.

I always felt this this is somehow funny, because, if anything, Tether can really just go below 1 USD and so it'd become easier for me to gain back access to my WBTC, no?
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