BUSINESSJul 14 · 17:14 UTCTHE BLOCKKyle Baird

Wall Street turns cautious on Circle as analysts warn USDC economics face mounting pressure

Mizuho downgraded Circle's stock and JPMorgan lowered its earnings estimates for the company, citing concerns over pressure on USDC's economics. Wall Street analysts have become cautious about Circle's financial outlook due to these developments.

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