ChainCatcher Selection

OUSD was jointly launched by more than 140 major companies, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dissecting OUSD's three selling points of "free redemption, profit sharing, and alliance governance" one by one.

The competition logic of exchanges has changed.

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

Overview of Important Market Events on June 29

Living space is constantly being compressed.

It can continue to question the cost-effectiveness of stablecoins in the G10 currency corridor, but it cannot ignore the structural opportunities of stablecoins in emerging markets, corporate finance, and on-chain settlements.

This has nothing to do with the Ethereum Foundation or Ethlabs; Ethereum needs to win by solving real problems.

In many cases, the old names of cryptocurrency projects have no competitive advantage, only historical baggage.

Overview of Important Market Events on June 25

"We are here to strengthen defenses against where Ethereum has already become or may become extractive, comprehensive, or susceptible to cartel or state control, or influenced by tools of surveillance or coercion from authoritarian regimes."