According to Wu Blockchain, Circle co-founder and CEO Jeremy Allaire tweeted that stablecoin networks exhibit platform and network effect characteristics, with scale depending on application integration, liquidity, and regulatory coverage. USDC is currently integrated with various services and supports interoperability through protocols like CCTP and Gateway. According to Artemis data, in Q1 2026, USDC's on-chain transaction volume reached nearly $30 trillion, accounting for 80% of dollar stablecoin on-chain transactions, with USDT at 20%, and all other dollar stablecoins combined at less than 0.5%. Regarding OUSD, Allaire stated that free minting and redemption, yield sharing, and alliance governance models still need to face market realities. Circle's stablecoin partnership with Coinbase remains solid. https://(wublock123.com)/news/circle-ceo-responds-ousd-stablecoin-growth-integration-liquidity-regulation-63803