Jeremy Allaire argued that stablecoin networks are winner-take-most businesses built over years, two days after the launch of the 140-plus-firm Open USD consortium sent Circle’s stock down more than 17% in a single session. According to The Defiant, jeremy allaire argued that stablecoin networks are winner-take-most businesses built over years, two days after the launch of the 140-plus-firm open usd consortium sent circle’s stock down more than 17% in a single session.. The development comes amid ongoing regulatory scrutiny in the sector. The Defiant reports that this marks a significant milestone for the industry. The The Defiant report provides additional context on the implications for market participants and regulatory frameworks moving forward.
