Stablecoin Wars Ignite: Circle (CRCL) Stock Plummets 17% as Financial Giants Launch Rival
The stablecoin market was rocked Tuesday as shares of Circle (CRCL), the issuer of the prominent USDC stablecoin, tumbled more than 17% to a four-month low. The dramatic sell-off was a direct market reaction to the announcement of Open USD, a new rival stablecoin network backed by an unprecedented consortium of over 140 financial and … Read more









