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Jefferies warns against buying the dip in Circle as Open USD raises new competition fears

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Jefferies warns against buying the dip in Circle as Open USD raises new competition fears

The investment bank said new competition from the Stripe- and Coinbase-backed stablecoin consortium could pressure USDC's growth.

Jefferies warns against buying the dip in Circle as Open USD raises new competition fears

Source：CoinDesk

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Source：https://www.coindesk.com/markets/2026/07/01/jefferies-warns-against-buying-the-dip-in-circle-as-open-usd-raises-new-competition-fears