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 Open Standard, a new company helmed by Zach Abrams, the CEO of another stablecoin company called Bridge, announced plans to launch ... The post Circle’s Stock Tanked 19% on OUSD’s Announcement. How Justified Was the Re