BSCN(@BSCNews):Circle's CEO isn't panicking about OUSD Jeremy Allaire (@jerallaire) laid out why USDC's decade of network effects will be hard to replicate, responding to investor questions after $CRCL dropped 16% on Open USD's launch. His numbers: per Artemis, $USDC handled nearly $30T in onchain transactions in Q1 2026, 80% of all dollar stablecoin volume. $USDT took the rest. Every other stablecoin combined barely registered. He also picked apart OUSD's pitch point by point. Free mint and burn, revenue sharing, consortium governance. Called each one weaker than it looks on paper. solana:9Pm3nyJpnLXQ2aDP2KGA2CRbJKrGShZQb7JbcQA3pump launched Tuesday backed by Visa, Mastercard, Stripe, BlackRock and Coinbase. 140+ partners deep. Network effects versus 140 companies with skin in the game. Which wins?

2026.07.01 16:51

Circle's CEO isn't panicking about OUSD Jeremy Allaire (@jerallaire) laid out why USDC's decade of network effects will be hard to replicate, responding to investor questions after $CRCL dropped 16% on Open USD's launch. His numbers: per Artemis, $USDC handled nearly $30T in onchain transactions in Q1 2026, 80% of all dollar stablecoin volume. $USDT took the rest. Every other stablecoin combined barely registered. He also picked apart OUSD's pitch point by point. Free mint and burn, revenue sharing, consortium governance. Called each one weaker than it looks on paper. solana:9Pm3nyJpnLXQ2aDP2KGA2CRbJKrGShZQb7JbcQA3pump launched Tuesday backed by Visa, Mastercard, Stripe, BlackRock and Coinbase. 140+ partners deep. Network effects versus 140 companies with skin in the game. Which wins?