The logic of Circle is actually pretty solid, and with DTCC tokenization, the stablecoin business is getting bigger and bigger. But the giants of the real world decided to take a bigger bite themselves, so Visa, Stripe, and over 140 other big players like BNY Mellon made their move. This just goes to show that plans can’t keep up with changes. The business under the sun is only so big, but how far the sunlight reaches is up to them. #DTCC $BTC