Circle Internet Group ($CRCL) shares slid more than 10% on Monday after reports said Stripe, Visa ($V), and Mastercard ($MA) are preparing stablecoin platforms—raising investor anxiety that intensifying competition could erode Circle’s position at the center of the USDC ecosystem. The stock closed at $90.13, down $10.72 (-10.63%) from the prior close of $100.85, after briefly trading as high as $99.15.
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