Mizuho Says Circle Bank Approval Doesn’t Solve USDC Growth, Competition Risks
2026-07-13 17:23:46
Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank does not address slowing USDC growth or rising stablecoin competition risks. The bank said the approval does not resolve concerns about USDC’s growth trajectory and competitive pressures, according to CoinDesk.
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