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Circle’s IPO showed that public markets accept stablecoin issuers with clear revenue. USDC is used by banks, merchants, and tokenization platforms worldwide. Major institutions are ...
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Investor's Business Daily on MSNCircle Stock Round-Trips 22% Rally As Analyst Cuts Stablecoin IPO To SellRed-hot stablecoin IPO Circle Internet GroupCRCL fell sharply Tuesday, continuing a recent retreat as an analyst downgraded Circle stock to sell. Shares have round-tripped a recent aggressive ...
Circle stock downgraded to Sell by Wall Street analyst citing rising competition, valuation concerns
Circle ( CRCL) stock fell as much as 8% Tuesday after getting hit with a downgrade from Compass Point analysts who said the ...
The Stablecoin Surge Driving CRCL’s Rise Circle Internet Group (NYSE:CRCL) is the issuer of USD Coin (USDC) that has captured ...
Several Wall Street analysts on Monday launched coverage of Circle Internet Group, following the stablecoin issuer's initial ...
With these reserves, users expect to be able to exchange their stablecoins for dollars or other backing assets at any time.
Ripple’s $5 billion bid to acquire Circle, the issuer of USDC, was reportedly rejected as the stablecoin market heats up.
JPMorgan’s Kenneth Worthington says the stablecoin issuer’s stock valuation has been “pushed outside our comfort zone,” so he ...
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The stock CRCL pulled back 5.2% in midday trading Tuesday, after soaring 76.6% over the past three sessions. If the loss ...
Circle stock soared as much as 18% on Monday, building on gains from the prior week amid investor enthusiasm for stablecoins.
Circle Internet Group ( CRCL 9.28%), a fintech company that issues stablecoins, was a big winner in its first month on the ...
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