🔔 Circle shares plunged 17.55% after being cut from five major Russell indexes.
📉 The sharp drop comes amid the debut of rival stablecoin Open USD, backed by key $USDC partners.
🤝 Circle faces growing competition as Open USD launches with support from BlackRock, Coinbase, and BNY Mellon.
Continue Reading:Circle shares fell 17.55% in one day after removal from five major Russell indexes
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