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Everything you need to know about the stablecoin wars

Quick Take
- Recent months have seen drastic changes in the information that stablecoin operators disclose to the public.
- Now, these major operators are locked in a competition to out-transparency each other.
- Understanding what’s going on now requires first understanding the historical context.
Transparency has become the name of the game in the stablecoin market. Here's why that is — and how the game has played out so far.
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