Svmuu News: In an interview this week, Heath Tarbert, President of Circle, responded to questions about the company’s stock price dropping from $260 to $62, stating that the company is focused on long-term development. He added that if the company can fulfill its mission of building a full-stack internet platform infrastructure, the stock price will speak for itself in the long run.Facing new competition from the Open USD Alliance—comprising 140 companies including Visa, Stripe, Mastercard, and Google—Heath Tarbert noted that as a stablecoin natively supporting 34 blockchains, USDC’s network effects, built upon its $73 billion in circulation, are extremely difficult to replicate.When discussing the difference in market position compared to Tether, he noted that USDC is the world’s largest regulated stablecoin and boasts the highest actual transaction volume.