While token market fit for Tether proximity chains is extremely good because there's no way to get exposure to the underlying asset, Tether equity USDC chains have the opposite problem. Everyone will choose to get exposure to Circle equity before buying any of their tokens Ironical, because it's rough the same industry but one has amazing TMF and the other has close to zero. All by proxy of affiliation Speaks volumes about the importance of sign value for assets to trade at significant premiums vs their relatively similar counterparties