In response to the announcement of the new stablecoin 'OUSD (Open USD)', supported by over 140 companies including Visa, Stripe, MasterCard, BlackRock, and Coinbase, Circle's CEO Jeremy Allaire publicly posted a detailed rebuttal for investors on his X account. Allaire argued that the stablecoin network is a 'winner-takes-all' platform business built over the long term.
...
