Visa’s New Stablecoin Platform Challenges Circle as It Powers Open USD
Clear Street maintains Buy rating on V with $403 target amid rising competition with Circle’s USDC.
Clear Street maintains Buy rating on V with $403 target amid rising competition with Circle’s USDC.
The milestone boosts USDC credibility and institutional adoption.
Visa, Stripe, BlackRock and 100+ giants just launched Open USD — a zero-fee stablecoin with shared reserves. Circle shares drop as Big Finance enters the $325B market.
Circle shares fell as Coinbase may join a new stablecoin platform with Stripe, Visa and Mastercard, raising competition worries.
Circle Q1 2026: revenue +20%, USDC hits $77B, transactions soar, profit down slightly, but AI/blockchain tools grow, stock up!
Morgan Stanley maintains Equal Weight rating and $80 price target on Circle despite a $285M hack on Drift Protocol using USDC.