Circle stock price fall 6% analyst said USDC market share dropped to 27%

【ChainNews】On June 24th, after Circle, the USDC issuance party, was given a neutral rating and a target price of $205 by Compass Point, the stock price fell by 6%. Analysts pointed out that although USDC has long-term advantages in technology and liquidity, its market share has dropped from 34% in 2022 to 27% in 2025, and it will face more competitive pressure in the future. Circle's revenue is highly dependent on a high interest rate environment, and if the policy of The Federal Reserve (FED) changes, its income may be affected.

The stock market shows that the stock price of a certain trading platform has risen by more than 9%, now trading at about $335 per share.

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BearMarketBuyervip
· 06-24 17:48
Is the stablecoin the first to die?
Reply0
RektRecordervip
· 06-24 17:48
The stablecoin is gone, worked for nothing.
Reply0
LongTermDreamervip
· 06-24 17:41
It all depends on what the market says.
Reply0
GateUser-a180694bvip
· 06-24 17:30
The stablecoin is finished.
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