CRCL: Analysts Say Sell-Off Looks Overdone
CRCL sell-off looks overdone as Circle CEO addresses Open USD threat to USDC dominance.
SourceAnalysis
CRCL shares drew fresh analyst scrutiny after the latest drop, with multiple firms labeling the Circle IPO CRCL stock sell-off history as overdone. Circle CEO Jeremy Allaire directly addressed competitive pressure from Open USD while reaffirming USDC’s regulatory edge and institutional inflows over the past six months.
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