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USDC Issuer Circle Falls 17.5% After Rival Open USD Launch

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2 outlets - including Crypto and Coinotag - are covering this story. Circle’s CRCL fell 17.5% to $62.63 after Russell Growth removals and Open USD launch fueled fresh USDC competition fears.

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Circle stock falls 17.5% after Russell removals and Open USD launch
Crypto.news Jul 1, 06:42 UTC

Circle stock falls 17.5% after Russell removals and Open USD launch

Circle’s CRCL fell 17.5% to $62.63 after Russell Growth removals and Open USD launch fueled fresh USDC competition fears.

CoinOtag Jun 30, 21:45 UTC

USDC Issuer Circle Falls 17.5% After Rival Open USD Launch

USDC News The company behind USDC , Circle Internet Group, watched its shares plunge 17.5% on Tuesday after a consortium of more than 140 firms unveiled Open USD, a competing revenue-sharing stable...

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