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Circle's Strong Ties Amid Open USD Competition

Guavy AI Editorial Team
Instruments
USDC
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Circle CEO responded to Open USD competition, stating that approximately 70% of businesses intended to participate in the alliance have already become Circle partners.

The comment was made during a 24/7 CRYPTOCURRENCY WORLD NEWS interview. The news comes as Circle's stablecoin USDC faces increased competition from Open USD, which has gained significant traction since its launch.

Circle's CEO highlighted the company's strong partnerships and growing ecosystem, saying that most businesses intended to participate in the alliance have already become partners with Circle.

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