1 month ago
Mizuho Lowers Circle Price Target Amid Open USD Competition
Mizuho downgrades Circle's stock price target to $50, citing competition from Open USD and margin pressures despite a strong federal approval milestone.
Tag: Circle
1 month ago
JPMorgan Adjusts Forecasts for Circle and Coinbase Amid Hyperliquid Deal
JPMorgan has lowered its earnings forecasts for Circle and Coinbase following a new revenue-sharing agreement with Hyperliquid affecting USDC profits.
1 month ago
Mizuho Downgrades Circle to Underperform Amid Open USD Competition
Mizuho has downgraded Circle to underperform, lowering its price target to $50 due to competitive pressure from Open USD.
1 month ago
JPMorgan Warns Hyperliquid’s Growth Challenges Circle’s USDC Economy
JPMorgan alerts that Hyperliquid's rise poses challenges for Circle's USDC business, impacting earnings for both Circle and Coinbase.
1 month ago
JCB Partners with Circle to Integrate Stablecoins for Millions of Merchants in Japan
JCB collaborates with Circle to explore USDC for payments across 40 million merchants in a bid to enhance Japan's cashless economy.
1 month ago
JCB and Circle Launch USDC Pilot for Payment Innovations in Japan
JCB and Circle collaborate on a pilot program in Japan testing USDC for treasury and merchant payments, broadening stablecoin applications.
1 month ago
Mizuho Warns Circle’s Bank Approval Fails to Address USDC Challenges
Mizuho's report indicates Circle's bank approval does not tackle USDC's growth slowdown or intensifying competition from rival stablecoins.
1 month ago
Circle Gains Momentum with U.S. Trust Bank Approval
Circle has secured approval to establish a national trust bank, enhancing its role in the crypto industry amidst increasing federal oversight.