Exchanges Between Circle and the Trading Giant: A Criticizable Institutional Revolution

Alert to upheavals! I just came across news that frankly left me perplexed. This major crypto exchange that we all know has just partnered with Circle in a move that could completely transform the way large institutional wallets approach the crypto market. But is it really as great as we are led to believe?

A stablecoin that hides its game

Seriously, what is this USYC from Circle? Another stablecoin claiming to revolutionize finance! They're selling it to us as if it were the messiah of tokens - as stable as the others but also generating interest. I feel like they're trying to impress us with hot air.

Well, I must admit that the idea of my money working while I sleep is not bad. Circle got a hold of this thing in January, and now the big VIP clients of this exchange can access it. Convenient, but is it really innovative?

Institutional traders and their rich problems

These poor traders who can't speculate on the weekend... what a sadness! USYC promises them to trade 24/7, 365 days a year. Great, even more opportunities to manipulate the markets without interruption!

I who naively believed that weekends were made to disconnect, discover that in fact it was just a bug in the financial system that had to be fixed at all costs!

Ultra-fast conversion: true innovation or trap?

The ability to convert USYC to USDC almost instantly is convenient. But it also smells like a sophisticated scam: "Come enjoy the yields of U.S. Treasury bonds while keeping the flexibility to flee the second things start to smell bad!"

This Kash Razzaghi from Circle is obviously happy. He is bringing his tokenized products into one of the largest crypto ecosystems in the world. It's going to make a lot of money, that's for sure.

The fear of FTX as a marketing argument

After the spectacular explosion of FTX, many institutions took to their heels. Our exchange sensed the opportunity and now offers its Banking Triparty solution - traditional banks that keep your assets while you speculate.

What is ironic is that we are going back to traditional banks to secure the crypto that was supposed to free us! We're going around in circles, aren't we?

Impressive figures, but for whom?

The demand for these tokenized interests has apparently doubled since the beginning of 2025. A market worth 1.7 billion dollars. Impressive for whom? Small investors like me will never see a penny of it!

A privileged blockchain chain

The cherry on the poisoned cake: the USYC will be issued directly on their proprietary chain. Fast, low-cost transactions... and above all, a closed ecosystem that strengthens their already problematic monopoly!

The root of the problem

This alliance between these giants is like when banks ally with each other: it is never good for the common people. It is presented to us as a technological advancement, whereas it is mainly a consolidation of financial power.

The future of finance may be being built right before our eyes, but who is really benefiting from it? Certainly not the average investor.

Welcome to this "future" where the same dominant players reinvent themselves to maintain their hold on our finances. Great, isn't it?

TL;DR: A crypto giant partners with Circle to create a product for the wealthy that will allow institutions to make even more money. And should we applaud?