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Markets

Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks

by shayaan


Japanese investment bank Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank doesn’t address slowing USDC growth or rising competition.

www.coindesk.com

See also  ECB Warns Stablecoins May Drain Bank Deposits—Here's What That Means

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