Circle CEO touts USDC's network advantage as OUSD emerges

Neutral-0.08%
1 Jul, 12:38
Source: Cointelegraph

AI Summary

Bernstein identifies OUSD as a potential challenger to the USDC-Tether stablecoin duopoly while raising concerns about governance and operations, as Circle's CEO defends USDC's network advantages.

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.