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Circle CEO Says Open USD Backers Matter Only If Token Delivers Regulated Transaction Flow

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2026-07-01 20:31:56
Circle CEO Jeremy Allaire said Open USD’s more than 140 backers would matter only if the token can turn distribution into live, regulated transaction flow.

According to NS3.AI, Open Standard said OUSD would use partner governance and share reserve earnings after a management fee.

Allaire also pointed to USDC’s integrations, liquidity, licensing footprint, CCTP, and Gateway as elements of its competitive moat.
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