Unchained
Circle’s Stock Tanked 19% on OUSD’s Announcement. How Justified Was the Reaction?
The stablecoin world has a new entrant and its announcement has had at least some Circle investors shaking in their britches. Circle’s stock fell nearly 19% last week as new stablecoin company Open Standard announced plans to launch Open USD, or OUSD, a stablecoin backed by nearly every finance giant
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