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

CoinDesk
Will Canny @ CoinDesk · today 12:34 EDT

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

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.

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