Coin Bureau|Jul 02, 2026 14:52
🔥CIRCLE CEO FIRES BACK AS COINBASE AND 140+ FIRMS BACK OUSD RIVAL
Jeremy Allaire said the model behind Open USD is one he already tried, one that "ran into endless challenges".
OUSD plans to give away nearly all its profits to partners, directly challenging USDC’s business model.
Allaire said Circle will keep supporting different products and infrastructure, “even when we might compete.”
“And we do not intend to slow down.”(Coin Bureau)
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