Fidelity's stablecoin is just the beginning. 

Every bank, brokerage, and fintech is thinking about doing the same. Stablecoin legislation passing in the next few months will accelerate this.

The biggest winners will be crypto's brand and Circle/Tether.

wonder how quickly it will make people's onramping into their first non-stablecoin tokens easier as well. since they are already being onramped to stablecoins by trad fi.

How would Tether win if tradfi's have their own stablecoins?

remains to be seen if Tether is included in this future wave of prosperity, really depends on whether Circle succeeds in its attempt at regulatory capture in the U.S.

Why will Circle/Tether be the biggest winners here? FMA?