Crypto

Why Everyone Wants Their Own Stablecoin

Circle Internet Group’s logo is seen on the floor of the New York Stock Exchange on its IPO day, June 5. 

Photographer: Michael Nagle/Bloomberg
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Emily Nicolle dives into why building your own stablecoin is becoming more popular than tapping into existing alternatives.

You need only to take one look at this month’s blockbuster stock-market debut of stablecoin issuer Circle Internet Group Inc. to see that digital dollars are booming.