Circle stablecoin issuer receives NYDFS charter
Statements (6)
- Bullish
Circle is likely to see its revenue growth accelerate as Binance partners continue to distribute USDC, given the $100 million investment.
- Bearish
Circle stock is likely to decline as Binance pays $100 million for a stake in USDC, reducing Circle's revenue share.
- Bearish
Circle stock reversed early gains as Binance pays $100 million for stake in USDC issuer
- Neutral
Bitwise's Rasmussen says investors are underestimating Circle as stablecoins expand and the company builds out its payments infrastructure.
- Neutral
Circle received a limited purpose trust charter from the New York Department of Financial Services to become a stablecoin issuer.
- Bullish
Circle CEO Jeremy Allaire predicts the stablecoin market will see record growth.