Open USD Launch Triggers 15%–18% Drop in Circle Shares
The Open Standard alliance launched the Open USD stablecoin with backing from more than 140 institutions including Visa, Mastercard, Stripe, Coinbase, and BlackRock, triggering a 15% to 18% drop in Circle shares. The market reaction reflected investor concern that Open USD's revenue-sharing
EthanBrooks·07-21 14:43
