Circle CEO touts USDC's network advantage as OUSD emerges
CoinTelegraph·
60-second summary
Circle CEO Jeremy Bernstein emphasizes USDC's network advantage as OUSD emerges as a potential challenger, citing its strong potential to rival the Circle-Tether duopoly. Bernstein acknowledges unresolved questions around governance, operations, and revenue sharing, which could impact OUSD's growth. This development may disrupt the stablecoin market, forcing Circle and Tether to adapt.
Bernstein said OUSD could become the strongest new challenger to the Circle-Tether duopoly, while flagging unresolved questions around governance, operations and revenue sharing.