Stablecoin Showdown: Open USD Launch Craters Circle Shares by 17% Amid Industry Power Shift
Circle (CRCL) shares experienced a significant downturn, plummeting over 17% in Tuesday’s trading session. This sharp decline pushed the company’s stock to its lowest valuation in four months, closing below $63 and marking a 55% drop from its mid-May peak. The market reaction followed the unveiling of Open USD, a new stablecoin initiative backed by … Read more






