🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
USDC issuance Circle downgraded rating, stock price fall 6%, revenue depends heavily on high Interest Rate environment
On June 24, Coin reported that after Circle, the USDC issuance party, was given a neutral rating and a target price of $205 by Compass Point, the stock price fell by 6%. Analysts pointed out that although USDC has long-term advantages in technology and Liquidity, its market share has dropped from 34% in 2022 to 27% in 2025, and it will face more competitive pressure in the future. Circle's revenue highly depends on a high Intrerest Rate environment, and if the policy of The Federal Reserve (FED) changes, the income may be affected. The US stock market shows that on a certain trading platform, the rise exceeds 9%, now trading at around $335 per share.