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Storia in 2 fonti
Open USD poses new threat to Circle by challenging USDC’s core business model, CoinShares says
The consortium-backed stablecoin would share reserve income with partners instead of the issuer, pressuring Circle's margins if it debuts in 2026.
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coindesk.com
Mizuho turns bearish on stablecoin issuer Circle, citing Open USD competition
The Japanese investment bank said Open USD's yield pass-through model could pressure Circle's margins by shifting more reserve income to distributors.
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cryptobriefing.com
Circle's stock faces turbulence as $310B stablecoin market heats up with new competitors
Circle's CRCL stock faces pressure as the $310B stablecoin market attracts competitors like Open USD, backed by Coinbase and BlackRock, despite OCC bank
