Reported about 9 hours ago
Circle (CRCL) faces pressure after Mizuho initiated coverage with an Underperform rating, highlighting revenue risks. Analyst Dan Dolev pointed out potential threats from falling interest rates, stagnant stablecoin growth, and increasing competition from other companies entering the stablecoin market. As the market evaluates these factors, the company’s stock may experience further downside risk.
Source: YAHOO