Circle dropped 17.55% today and is down a further 0.83% post-market The drop in $CRCL stock came after the news that Coinbase, BlackRock, Visa and Mastercard are backing the creation of a new stablecoin The market reaction today is enough to tell us that this is not good news for the USDC issuer

Circle dropped 17.55% today and is down a further 0.83% post-market

The drop in  $CRCL stock came after the news that Coinbase, BlackRock, Visa and Mastercard are backing the creation of a new stablecoin

The market reaction today is enough to tell us that this is not good news for the USDC issuer

— That Martini Guy ₿ (@MartiniGuyYT) Jun 30, 2026