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CoinDesk (@CoinDesk): INSIGHT: Circle CEO Jeremy Allaire fires back at $OUSD arguing consortium stablecoins have a "dismal" track record, that giving away all reserve incom…

Estimated coin impact

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INSIGHT: Circle CEO Jeremy Allaire fires back at $OUSD arguing consortium stablecoins have a "dismal" track record, that giving away all reserve income "starves infrastructure," and that $USDC handled 80% of all dollar stablecoin transactions in Q1.

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