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Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks

Source: CoinDesk | Summary by ChikoCorp|
|1 min read
Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks
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AI-assisted summary based on the linked source. Verify market-moving details at the original publisher before acting.

Japanese investment bank Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank doesn't address slowing USDC growth or rising competition.

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