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Circle tumbles as BlackRock backs rival revenue-sharing stablecoin

Claire Knox1 min read

Circle Internet Group shares have dropped more than 17% after a consortium backed by BlackRock, Google, Visa, Coinbase, and more than 140 other companies unveiled a competing revenue-sharing stablecoin. According to Yahoo Finance market data, Circle closed at $62.65 on…

Source: https://crypto.news/circle-tumbles-as-blackrock-backs-rival-stablecoin/

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Claire Knox

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