🚨 Circle Shares Slide 16% After Open USD Reveal


A new stablecoin network, Open USD (OUSD), backed by 140+ firms including Stripe, Coinbase, Visa, Mastercard, BlackRock, PayPal, and BNY, has sparked fresh competition for USDC.
💰 Unlike Circle, OUSD plans to share reserve interest revenue with partners, raising concerns over Circle's institutional distribution advantage.
USDC-0.03%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned