Circle Stock Price Slips as Banks Eye Stablecoin Launch Challenging USDC Dominance

Circle (CRCL) stock price has recorded a slump of over 2% on Wednesday, before witnessing a recovery in the pre-market trading session at the time of writing. Notably, the slump comes after a recent report showed that the traditional banks are exploring launching their own stablecoins. Meanwhile, the report appears to have spooked traders, with