Stablecoin Shake-Up: Circle (CRCL) Plunges 17% as Powerhouse Consortium Backs Open USD Rival
Circle (CRCL) shares experienced a sharp decline, plummeting over 17% this Tuesday, hitting a four-month low. This significant market movement followed the official unveiling of Open USD, a new stablecoin initiative backed by an influential consortium of industry giants, directly challenging established players like Circle’s USDC. The Open USD project, launched by independent entity Open … Read more








