Circle Stock Tumbles Over 9% as Visa, BlackRock Reportedly Plan Rival Stablecoin
Covered by 3 sources · 3 articles
3 outlets - including Cryptonomist, Crypto and Bitcoinworld - are covering this story. Circle stock decline stems from Russell index removal and the launch of Open USD stablecoin, impacting USDC competition and market sentiment.
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Circle Stock Decline Hits 40% as Visa, BlackRock Back USDC Rival
Circle stock decline stems from Russell index removal and the launch of Open USD stablecoin, impacting USDC competition and market sentiment.
Circle tumbles as BlackRock backs rival revenue-sharing stablecoin
Circle Internet Group shares have dropped more than 17% after a consortium backed by BlackRock, Google, Visa, Coinbase, and more than 140 other companies unveiled a competing revenue-sharing stablecoin. According to Yahoo Finance market dat…
Circle Stock Tumbles Over 9% as Visa, BlackRock Reportedly Plan Rival Stablecoin
BitcoinWorld Circle Stock Tumbles Over 9% as Visa, BlackRock Reportedly Plan Rival Stablecoin Shares of Circle Internet Financial (CRCL) dropped more than 9% in trading on Wednesday following reports that a consortium of major financial and…