Jeremy Allaire Says USDC’s Decade-Long Network Is an Advantage as OUSD Gains Backing

Circle CEO Jeremy Allaire said USDC’s decade-long network provides an advantage as Open Standard’s OUSD gains support from more than 140 companies. According to NS3.AI, Allaire framed USDC’s established network as a key differentiator as new stablecoin initiatives attract industry participation. Bernstein said OUSD could emerge as a challenger to the Circle-Tether duopoly in stablecoins. However, Bernstein noted that several issues remain unresolved, including governance, operational architecture, and revenue-sharing arrangements.