Circle’s stock plummets 25% over two days as investors flock to this other stablecoin play - MarketWatch
1. CRCL shares dropped 24.6% over two days post-IPO. 2. Previous gains were seen as overbought and unsustainable. 3. Regulatory changes could impact stablecoin markets positively. 4. Coinbase's rise may indicate CRCL might be overvalued. 5. Circle paid over half its revenue to Coinbase in 2024.