Circle Stock in Focus as South Korean Firms Deny Joining Open USD Alliance

The Circle (CRCL) stock price closed with more than 4% gains on Thursday, July 2, suggesting that investors have refuted the Open USD (OUSD) concerns. Initially, the concerns over intensifying competition with the Open Standard’s OUSD stablecoin caused a massive drop in Circle stock. However, it seems that the investors have quickly regained their confidence