Mizuho Securities Adopts Cautious Stance on Circle Internet Group as Stablecoin Competition Intensifies
Mizuho Securities has revised its view on Circle Internet Group (NYSE:CRCL), the company behind the widely used USDC stablecoin, signaling heightened risks in the digital asset space. The firm lowered its recommendation to underperform from neutral while trimming the target price to $50, down from… Read More
Read more in: Blockchain & Digital Assets | Tagged circle, mizuho securities, openusd, stablecoins, us