More than 140 companies, including Visa, Mastercard, and Circle's ally Coinbase, launched a stablecoin that challenges Circle's revenue model. Circle's native token CRCL plummeted by 17% in response, indicating market concern about the new competition.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned