Circle Face in the face of the threat of decrease in rates: Will USDC affect?
The US federal reserve system is considering a reduction in 100 basic points of its main rate: a decision that could have the main consequences for the circle, stable Kosoin USDC, very dependent on the revenues of state accounts. On the other hand, Tether, USDT transmitter, seems to be better prepared thanks to the strategy for diversifying his reserves.
Circle too vulnerable to interest rates?
Prospects to reduce the American Federal Reserve leadership have something to worry about the stable -Co -emitters … especially a circle, USDC transmitter that could see its intake strongly affected by a decrease in rates.
In fact, the economic model of the Circle is largely based on the revenues of US cash register accounts, whose task is to guarantee that each USDC in circulation remains an replaceable 1: 1. Reduction of annual circle income by $ 618 millionor 23 % of its total income.
It would also cause and decrease by 30 % of its gross profit. However, the ratio used by investors to assess the company in relation to its profits (market capitalization/EBITDA) would decrease from 42 to 60.4, which means that with a decrease in reception, the ratio would increase by approximately 50 %. Significantly above classic standards for technology companies (between 10 and 20).
👨 Find out all you need to know about Stablecoin USDC de Circle
To compensate for these losses of income would have a circle Increase the offer of its $ 28 billion Stablecoin USDCAn increase of 44 % compared to its current level of $ 64 billion. However, this expansion of the offer may not be enough to compensate for a decrease in revenues, especially because the growth of the acceptance of the USDC has slowed down since last April.
Circle therefore recently launched several projects at DIVE YOUR SOURCELike the Circle Payments Network (CPN) network. It allows financial institutions to make real -time cross guarantee payments through regulated stablecoins such as USDC.
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Tether: a more robust strategy of diversification
Unlike a circle, tether, USDT emitter, has accepted a more diverse approach for its reservations. In June 2025, the company reduced its purchases 90 % of US state accounts to prefer the purchase of assets such as bitcoins, gold and business participation.
This diversification allows Tether to reduce his dependence on the revenues of the state treasures and to better resist interest rate fluctuations; Although they are also risky assets.
🗞 Circle is going to run a blockchain dedicated to Stablecoin USDC
As a result, Tether has noticed A record net profit of $ 4.9 billion in the second quarter of 2025Including 2.6 billion latent capital gains for bitcoins and gold. The result that largely dugs the gap through the circle.
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After training in journalism, I worked for several years in General Press before I discovered the world of personal finances and scholarships. Since 2020 I have been particularly interested in decryption of messages that affect the markets of crypts into crypts. My goal? I always teach my readers more by providing the most accurate and effective information.
Justine Ferrari
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