Citi says restrictions on stablecoin rewards could slow Circle’s USDC, not stop it
Wall Street bank Citi says proposed limits on stablecoin rewards in the latest draft of U.S. market structure legislation would be a setback for Circle (CRCL), but not a fundamental threat to the investment case. “We view this development potentially (but not necessarily) as a setback, but not as a thesis killer,” analysts led by […]
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