Circle Climbs 7% After $64 Open, but OUSD Keeps Pressure on Its Yield Strategy

Circle’s stock rebounded 7% on Monday following a 17% plummet the previous Tuesday, triggered by the announcement of a rival stablecoin, Open USD. The Battle for Reserve Yield The stock of Circle, the issuer of the USDC stablecoin, jumped 7% on Monday as investor panic following the announcement of the launch of rival coin Open […]

Source: https://news.bitcoin.com/circle-climbs-7-after-64-open-but-ousd-keeps-pressure-on-its-yield-strategy/