Circle Climbs 7% After $64 Open, but OUSD Keeps Pressure on Its Yield Strategy
Key Takeaways Circle stock rebounded 7% Monday after an OUSD press release previously triggered a 17% session drop. OUSD threatens Circle’s business model, where 96% of revenue relies on keeping interest on reserves. Regulators will release final rules on July 18, determining if OUSD can legally pay yield by 2027. The Battle for Reserve Yield
