【Linda Xie: Suggested Coinbase launch its own stablecoin in 2016/2017, but was unsuccessful】On June 19, Linda Xie, former co-founder of Scalar Capital and product head at Coinbase, stated on her X platform that she had suggested to Coinbase at the end of 2016/beginning of 2017 that they launch their own USD stablecoin, for which she wrote a complete specification, but it was unsuccessful.

"However, the ideas of large users are cheap; the key is execution. For example, the team that launched USDC clearly succeeded, and the timing was also very good."