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Circle Stock Price in Focus Amid Competition From US Bank’s USBDC Stablecoin Launch

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The Circle (CRCL) stock price has traded near the flatline today, with investors evaluating the potential impact of the US Bank’s USBDC stablecoin launch on $USDC. For context, the US Bancorp has executed its first successful transaction of the new stablecoin today, which has caught the eye of investors.