Circle CEO Responds to OUSD Challenge: Stablecoin is a Winner-Take-All Business, We Won't Slow Down

Circle CEO Jeremy Allaire welcomed OUSD but believes it cannot surpass USDC. He emphasized that stablecoins rely on network effects and liquidity. USDC has established a strong global compliance foundation and regulatory edge. Alliance-type products struggle to achieve scale and innovation, and Circle will continue to drive market growth.