Cathie Wood: OUSD is unlikely to replace USDT and USDC
According to Odaily, Cathie Wood posted on X stating that, in the view of ARK Invest, stablecoins are monetary networks whose network effects will compound over time thanks to trust, collateral utility, and integration. The network effects of USDT and USDC have always been strong. LorenzoARK explained why OUSD is unlikely to replace them.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
British Pound: Supportive BoE outlook with range trade against US Dollar – Scotiabank
Italy Pushes Near-Zero Fees for Digital Euro Payments Under €10
Brent Nears $100 Following Strikes on Saudi Energy Facilities
AT&T Business Expands Connectivity Architecture With Amazon Leo Satellite
Crypto prices
More
