Circle (CRCL) Plunges Amid New Stablecoin Rivalry: Open USD Emerges with Major Tech-Finance Backing
Circle (CRCL) shares experienced a significant downturn, plummeting over 17% in Tuesday’s trading. This sharp decline pushed the stock to its lowest price since late February, representing a substantial 55% drop from its mid-May valuation. The immediate catalyst for this market reaction was the unveiling of Open USD, a new stablecoin initiative backed by a … Read more









