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Circle CEO Refutes Claims of OUSD's Superiority, Experts Fear a DAO-like Fate

2026/07/02 12:55 (Updated 2026/07/02 16:01)
CoinPost
Written by L.Kikutani
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Circle CEO Refutes Claims of OUSD's Superiority, Experts Fear a DAO-like Fate

CEO Directly Challenges Claims

CEO Directly Challenges Claims

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.

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Iolite Vol.20

Iolite Vol.20

July 2026 issueReleased on 2026/05/29

Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.

MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.