According to Crypto界 News, CoinDesk reported that after the market opened, shares of Coinbase and Circle came under pressure, as CoinDesk said Coinbase is evaluating whether to participate in a new stablecoin platform supported by Stripe, Visa, and Mastercard. Circle’s share price fell 4% in early trading on Tuesday, while Coinbase fell 1.4%. During this period, the price of Bitcoin dropped 2.8% within 24 hours, trading near $66,800. Circle’s business is closely tied to USDC, and in 2025, Circle generated revenue of $2.64 billion from USDC-supported assets.

COINON-5.74%
BTC-4.46%
USDC-0.04%
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ZeroSlippage
· 6h ago
66.8k BTC, the linkage effect is obvious, institutions are rebalancing their portfolios.
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FragmentGlowFlower
· 9h ago
Coinbase is still evaluating, indicating it's not decided yet; the market's reaction was excessive.
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NightFlightPancake
· 9h ago
Players at the level of Visa and Mastercard are joining in— the compliant stablecoin war is just beginning.
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MountainSilhouetteBeforeThe
· 9h ago
Circle earns 2.6 billion dollars in interest income; this business model is so comfortable that no wonder the valuation is high.
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