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Ark Invest Researcher Doubts Open USD Can Beat Circle After 16% Stock Drop

Circle's stock CRCL dropped more than 16% after Visa, Mastercard, Coinbase, and Blackrock backed a new stablecoin, Open USD.

Raccontata dacryptobriefing.comcoindesk.comtheblock.cothedefiant.ionews.bitcoin.comdecrypt.cofortune.combitcoinmagazine.combenzinga.comgizmodo.comcointelegraph.commilanofinanza.it

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6 prospettive sulla stessa storia
AI · summaries
news.bitcoin.comStai leggendo1 g fa

Ark Invest Researcher Doubts Open USD Can Beat Circle After 16% Stock Drop

Circle's stock CRCL dropped more than 16% after Visa, Mastercard, Coinbase, and Blackrock backed a new stablecoin, Open USD.

originale

Timeline cronologica

  1. martedì 30 giugno 2026·cryptobriefing.com

    BlackRock, Google join major payments and crypto firms backing Open USD stablecoin

    Plasma announces Open USD stablecoin with Visa and Mastercard partnerships, expanding its stablecoin-focused layer-1 blockchain into traditional payments.

  2. martedì 30 giugno 2026·coindesk.com

    Circle (CRCL) slides as Stripe, Coinbase (COIN) and BlackRock (BLK) back rival stablecoin network

    Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC.

cryptobriefing.com
1 g fa

Circle stock dives as Coinbase, BlackRock, and Visa back open USD stablecoin

Circle stock dropped 13-15% after Coinbase, BlackRock, and Visa unveiled Open USD (OUSD), a consortium-governed stablecoin challenging USDC's dominance.

Leggi questa versione → originale
theblock.co1 g fa

Circle shares sink 16% after Open USD reveal, analysts say fears are 'overblown'

William Blair reiterated its Outperform rating on Circle's CRCL stock, calling Tuesday's selloff a buying opportunity.

Leggi questa versione → originale
coindesk.com1 g fa

Circle (CRCL) slides as Stripe, Coinbase (COIN) and BlackRock (BLK) back rival stablecoin network

Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC.

Leggi questa versione → originale
decrypt.co1 g fa

Circle Stock Dives as Coinbase, BlackRock and Visa Back Open USD Stablecoin - Decrypt

The forthcoming Open USD has more than 100 major supporters onboard, including Coinbase—a key backer of Circle’s USDC.

Leggi questa versione → originale
bitcoinmagazine.com1 g fa

Circle (CRCL) Drops 15% After Open USD Stablecoin Launch

Visa, Mastercard, Stripe, Coinbase, and 140+ firms have launched Open USD (OUSD), a new yield-sharing stablecoin that aims to challenge Circle and reshape the economics of the $300 billion stablecoin market.

Leggi questa versione → originale
  • martedì 30 giugno 2026·theblock.co

    Visa, Stripe, Coinbase and more join Open USD stablecoin that shares reserve revenue

    Expected to launch later this year, Open Standard said businesses will be able to mint and redeem Open USD without fees or volume limits.

  • martedì 30 giugno 2026·thedefiant.io

    Open Standard Unveils Open USD, a Bank- and Tech-Backed Stablecoin Governed by Its Users - "The Defiant"

    Open Standard, backed by 140-plus firms including Visa, Mastercard, BlackRock and Coinbase, unveiled Open USD (OUSD), a partner-governed stablecoin launching later in 2026.

  • martedì 30 giugno 2026·news.bitcoin.com

    140 Firms Including Coinbase and Ripple Launch the New Open USD Stablecoin

    Visa, Coinbase, Stripe and 140 firms launch Open USD, a stablecoin with no mint fees and shared governance.

  • martedì 30 giugno 2026·decrypt.co

    Circle Stock Dives as Coinbase, BlackRock and Visa Back Open USD Stablecoin - Decrypt

    The forthcoming Open USD has more than 100 major supporters onboard, including Coinbase—a key backer of Circle’s USDC.

  • martedì 30 giugno 2026·cryptobriefing.com

    Circle stock tumbles as banks and payment giants back new stablecoin Open USD

    Circle tumbled about 13% on Tuesday after Open USD came with backing from more than 140 companies, including BlackRock, Google, and more.

  • martedì 30 giugno 2026·fortune.com

    Stripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle | Fortune

    Other big-name participants include BlackRock, American Express, and Google.

  • martedì 30 giugno 2026·bitcoinmagazine.com

    Circle (CRCL) Drops 15% After Open USD Stablecoin Launch

    Visa, Mastercard, Stripe, Coinbase, and 140+ firms have launched Open USD (OUSD), a new yield-sharing stablecoin that aims to challenge Circle and reshape the economics of the…

  • martedì 30 giugno 2026·benzinga.com

    Why Is Circle Internet Group Stock Falling On Tuesday? - Circle Internet Group (NYSE:CRCL)

    Circle ($CRCL) stock plunges 16% as Open Standard launches Open USD stablecoin. Read about the new market competition.

  • martedì 30 giugno 2026·benzinga.com

    Stripe, Visa, BlackRock Back New Open USD Stablecoin In Bid To Challenge Tether, Circle - Circle Internet

    A consortium led by companies including Stripe, Visa, BlackRock, Bank of New York Mellon and Coinbase is launching Open USD.

  • martedì 30 giugno 2026·cryptobriefing.com

    Circle stock dives as Coinbase, BlackRock, and Visa back open USD stablecoin

    Circle stock dropped 13-15% after Coinbase, BlackRock, and Visa unveiled Open USD (OUSD), a consortium-governed stablecoin challenging USDC's dominance.

  • martedì 30 giugno 2026·cryptobriefing.com

    Dozens of major companies join Open USD as launch partners

    Over 140 companies including Visa, Mastercard, BlackRock, and Coinbase join Open USD as launch partners, challenging USDC and USDT with fee-free minting and

  • martedì 30 giugno 2026·coindesk.com

    Circle (CRCL) selloff may be 'overreaction' but Open USD faces adoption test

    The Stripe- and Coinbase-backed stablecoin consortium can challenge Circle's business model, but analysts say building a network is harder than assembling big-name partners.

  • martedì 30 giugno 2026·cryptobriefing.com

    Circle shares fall 16% as Open Standard unveils rival stablecoin backed by Visa, Stripe, and Coinbase

    Circle shares dropped 16% after Open Standard unveiled Open USD, a rival stablecoin backed by Visa, Stripe, Coinbase, and BlackRock with zero minting fees.

  • martedì 30 giugno 2026·gizmodo.com

    Big Tech and Wall Street Team Up on the Stablecoin to End All Other Stablecoins

    Can Open Standard compete with Circle and Tether?

  • martedì 30 giugno 2026·theblock.co

    Circle shares sink 16% after Open USD reveal, analysts say fears are 'overblown'

    William Blair reiterated its Outperform rating on Circle's CRCL stock, calling Tuesday's selloff a buying opportunity.

  • martedì 30 giugno 2026·cointelegraph.com

    Financial Companies Join Forces for US Dollar Stablecoin, Leeping Reserve Earnings

    The company behind the Open USD stablecoin, expected to launch sometime in 2026, said it would allow firms to keep the earnings from reserves and mint at no cost.

  • martedì 30 giugno 2026·milanofinanza.it

    Stablecoin, Open USD lancia la sfida a Tether e Circle (che crolla a Wall Street, -17,5%) | MilanoFinanza News

    Con il sostegno di colossi come Google, Visa e BlackRock, Open USD introduce un sistema in cui i ricavi delle riserve vengono redistribuiti ai partner. Il lancio è previsto entro…

  • martedì 30 giugno 2026·news.bitcoin.com

    Ark Invest Researcher Doubts Open USD Can Beat Circle After 16% Stock Drop

    Circle's stock CRCL dropped more than 16% after Visa, Mastercard, Coinbase, and Blackrock backed a new stablecoin, Open USD.