The Stripe- and Coinbase-backed stablecoin consortium can challenge Circle's business model, but analysts say building a network is harder than assembling big-name partners.
source https://www.coindesk.com/business/2026/06/30/why-the-openusd-s-real-threat-that-tanked-circle-stock-still-faces-a-steep-uphill-battle-for-adoption
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