Circle (CRCL) Drops 16% After Major Coalition Unveils Open USD Rival
Covered by 2 sources · 2 articles
2 outlets - including Livebitcoinnews and Cryptotimes - are covering this story. Circle shares fell 16% after Open Standard unveiled OUSD, backed by 140+ firms with zero-fee minting and redemption. Circle shares dropped 16% after Open Standard announced Open USD, a new stablecoin for global payments and settlement. The…
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Circle Stock Drops 16% After Open USD Shakes the Stablecoin Market
Circle shares fell 16% after Open Standard unveiled OUSD, backed by 140+ firms with zero-fee minting and redemption. Circle shares dropped 16% after Open Standard announced Open USD, a new stablecoin for global payments and settlement. The…
Circle (CRCL) Drops 16% After Major Coalition Unveils Open USD Rival
CRCL tumbled as Open USD’s extensive partner network raised concerns about USDC’s future market dominance and growth outlook.