Stories tagged #Mizuho

Mizuho slashes Circle (CRCL) target to $50, cites OpenUSD margin risk

zippfeed.com

🩸BEARISH

2h ago

Mizuho slashes Circle (CRCL) target to $50, cites OpenUSD margin risk

The OpenUSD yield pass-through model and an August Coinbase revenue renegotiation together compress the structural moat Mizuho says underwrites every stablecoin issuer's valuation.

CoinDesk

Circle stock dips despite OCC win as USDC supply shrinks $7B

zippfeed.com

🩸BEARISH

1d ago

Circle stock dips despite OCC win as USDC supply shrinks $7B

OCC trust bank approval marks legitimacy, but USDC supply has shrunk $7B since March while a 140-firm consortium launches a rival stablecoin that could commoditize the sector.

CoinDesk