Circle stock slips despite new acquisition news

USDC is set to become the default payment rail for global cross-border commerce, effectively challenging the entire traditional banking infrastructure. By acquiring Tazapay, Circle is absorbing $25 billion in payment volume, 60% of which is already in stablecoins. Yet, despite this massive move toward dominance, Circle’s stock still slipped 3%. If stablecoins are truly the future of trade, why is the market reacting with such skepticism? Is USDC actually a threat to banks?
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