Why Shares of Circle Are Surging Today
Shares of the stablecoin issuer Circle (NYSE: CRCL) traded nearly 8% higher, as of 12:46 p.m. ET today, but had blasted as high as 24% earlier in the day. The move came after Circle announced a strategic partnership with .
Circle issues large stablecoins like USDC and EURC. Stablecoins are digital assets pegged to a commodity or currency. USDC is pegged to the U.S. dollar, while EURC is pegged to the euro. Both stablecoins are pegged on a 1-to-1 basis, meaning that Circle actually has one dollar or one euro to back each stablecoin, so they can easily be redeemed.
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Source Fool.com
Fiserv Inc. Stock
€47.50
0.530%
We see a rather positive sentiment for Fiserv Inc. with 11 Buy predictions and 1 Sell predictions.
As a result the target price of 76 € shows a very positive potential of 60.0% compared to the current price of 47.5 € for Fiserv Inc..
