Circle drops more than 13%, Visa
BlockBeats news, on June 30, according to Bitget market data, Circle has continued its opening decline, currently down over 13%. The share price is temporarily reported at $65.82, with a market capitalization reduced to $16.351 billion.
According to reports, dozens of financial institutions, including Visa, Stripe, Mastercard, BlackRock, and a certain exchange, plan to jointly launch a new stablecoin called OUSD, which will adopt a business model of revenue sharing among partners.
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