Circle CEO Jeremy Allaire said USDC has a strong competitive advantage after data from Artemis showed about $30 trillion in on-chain USDC transaction volume in the first quarter of 2026. According to NS3.AI, Allaire made the remarks as OpenStandard introduced OUSD through a consortium of more than 140 payment and crypto firms.
Allaire questioned whether OpenStandard’s model can be sustained, citing features including free issuance, free redemption, revenue sharing, and the consortium structure.
Circle CEO Jeremy Allaire Says USDC Holds Competitive Edge After $30 Trillion Q1 2026 On-Chain Volume
2026-07-01 10:31:05
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