·Confidence 75%
Open USD Could Challenge Circle's USDC, CoinShares Warns
CoinShares highlights that the upcoming Open USD stablecoin may threaten Circle's USDC by sharing reserve income with partners, impacting margins.
#Open USD
2 articles tagged with #Open USD
·Confidence 85%
Mizuho Downgrades Circle to Underperform, Cuts Price Target
Mizuho has downgraded Circle to underperform, reducing its price target to $50 due to concerns over Open USD's impact on Circle's margins.