Circle Stock Tumbles as Major Players Back New Open USD Stablecoin
Circle’s (CRCL) stock experienced a significant downturn, plummeting nearly 16% to a recent price of $63.99, marking a 39% decline over the past month. This sharp drop coincides with the unveiling of a new stablecoin, Open USD (OUSD), which has garnered backing from over 140 prominent companies, including major financial institutions and tech giants like … Read more