How Wall Street Is Racing to Claim the Onchain Dollar

Your call?🐂 Bullish🐻 Bearish

$270M

Project Faro funding

$USDC

$69.09B mcap

$USDT

$175.31B mcap

From Goldman and Citi’s $270 million “Project Faro” to SoFi, Anchorage, Mastercard, Visa and Circle, traditional finance is racing to claim the onchain dollar once dominated by Tether and Circle.