Why Circle Internet Group Stock Tumbled Today
A trio -- or possibly, even a quartet -- of finance sector heavyweights is apparently rolling out a new stablecoin.
| Ticker |
V
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| CIK | 0001403161 |
| SIC | 7389 |
| Sector | Services |
| Industry Category | Business Services |
| Industry Group | Services – Misc. Business Services |
| Address | P.O. BOX 8999, SAN FRANCISCO, CA, 94128-8999 |
| Website | usa.visa.com |
| Phone | 650-432-3200 |
| CEO | Alfred F. Kelly |
| Employees | 26,500 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Why Circle Internet Group Stock Tumbled TodayA trio -- or possibly, even a quartet -- of finance sector heavyweights is apparently rolling out a new stablecoin. Tether Debuts Tokenized Gold Stablecoin Visa Card That Pays Out Crypto RewardsHolders will be able to do more with their gold, instantly spending Tether's tokenized version anywhere Visa is accepted. Circle Stock Slips as Stripe, Visa, Mastercard Explore Stablecoin PlatformCircle stock sinks on reports of Stripe, Visa, and Mastercard nearing launch of a joint stablecoin platform. But should you buy the dip in CRCL shares today? Is Now The Right Time To Reassess Visa (V) After Recent Share Price PullbackIf you have been wondering whether Visa at around US$317 per share still offers value, the answer depends heavily on how you look at its valuation. The stock has pulled back recently, with returns down 2.8% over the last week, down 3.3% over the last month, and down 8.4% year to date, even though the 3 year and 5 year returns both sit at 42.3% and 42.0% respectively. Recent headlines around the payments sector have focused on shifts in consumer spending, regulatory scrutiny on fees, and... Stripe, Visa, Mastercard close to new stablecoin platformStripe, Visa and Mastercard are close to launching a new stablecoin platform, with Coinbase considering joining. The total stablecoin market sits around $320 billion, dominated by Tether's USDT at $187 billion. CoinDesk's Uyen Truong hosts "CoinDesk Daily." |