Crypto Briefing·
Circle's removal from key indexes may reduce liquidity and visibility, impacting investor perception despite stable business fundamentals. The post Circle removed from five Russell Growth indexes, CRCL falls 17% appeared first on Crypto Briefing.
Read full articleCircle's dominance in the stablecoin market faces challenges as new consortium models could disrupt its revenue and strategic partnerships. The post Circle CEO defends USDC’s network effects amid Open USD consortium launch appeared first on Crypto Briefing.
Bernstein said OUSD could become the strongest new challenger to the Circle-Tether duopoly, while flagging unresolved questions around governance, operations and revenue sharing.
OUSD's entry could force Circle to rethink its revenue model, impacting stablecoin market dynamics and enterprise payment strategies. The post Circle CEO responds to OUSD announcement as stablecoin competition heats up appeared first on Crypto Briefing.
Circle may face margin pressure if OUSD's revenue-sharing model gains traction, impacting profitability despite USDC's strong market position. The post Circle CEO Jeremy Allaire addresses challenges for Open Standard Dollar after CRCL falls 16% appeared first on Crypto Briefing.
Circle’s CRCL fell 17.5% to $62.63 after Russell Growth removals and Open USD launch fueled fresh USDC competition fears.
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 move placed USDC’s parent company under fresh pressure. Open USD, also called OUSD, is expected to launch later […] The post Circle Stock Drops 16% After Open USD Shakes the Stablecoin Market appeared first on Live Bitcoin News.
Circle's removal from key indexes may lead to reduced liquidity and increased volatility, impacting its market perception and investor confidence. The post Circle Internet Group removed from multiple Russell Growth Indexes in semi-annual reconstitution appeared first on Crypto Briefing.
17% slide in CRCL shares followed Open USD’s launch as a 140+ partner stablecoin network returns reserve yield to participants. USDC’s moat faces a new test.
