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Jefferies warns against buying the dip in Circle as Open USD raises new competition fears

CoinDesk· Krisztian Sandor· Jul 1, 2026 · 4:11 PM
Jefferies warns against buying the dip in Circle as Open USD raises new competition fears

The investment bank said new competition from the Stripe- and Coinbase-backed stablecoin consortium could pressure USDC's growth.

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