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CRCL Stock Struggles Despite Winning New York Trust Charter Amid Bitcoin’s Drop To $64K

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  1. Circle's NYDFS trust charter complements its earlier OCC approval.

  2. The charter creates a two-tier structure: Circle New York Trust issues USDC, while Circle National Trust holds the reserves.

  3. CRCL stock struggles despite the charter news, as Bitcoin drops to $64K.

6h ago · original ↗
CRCL Stock Struggles Despite Winning New York Trust Charter Amid Bitcoin’s Drop To $64K · in5points