Japanese investment bank Mizuho reported that stablecoin issuer Circle’s USDC overtook Tether’s USDt in transaction volume ...
Circle shares rose over 7% on Monday after Clear Street upgraded the stock to ‘Buy’ and raised its price target to $136.
Circle stock price has rebounded in the past few weeks. The company’s business is doing well, and demand for USDC is rising. The volume of USDC rose to $5.9 trillion, higher than USDT’s $1.1 trillion.
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