Circle CEO touts USDC's network advantage as OUSD emerges
Covered by 2 sources · 2 articles
2 outlets - including Cointelegraph and Thecoinrepublic - are covering this story. Bernstein said OUSD could become the strongest new challenger to the Circle-Tether duopoly, while flagging unresolved questions around governance, operations and revenue sharing.
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Circle CEO touts USDC's network advantage as OUSD emerges
Bernstein said OUSD could become the strongest new challenger to the Circle-Tether duopoly, while flagging unresolved questions around governance, operations and revenue sharing.
OUSD Stablecoin Threatens Circle Stock as USDC Rival Emerges
Key Insights: Open Standard launched the OUSD stablecoin on Tuesday, backed by payments, crypto, and technology firms. The announcement pressured Circle stock because investors saw a direct threat to Circle’s USDC stablecoin revenue. The OU…