CRCL Stock Drops 6% After Hours Even As Circle CEO Doubles Down On 'Big-Tent' Crypto Strategy, Backs Coinbase-Shopify Deal - Coinbase Global (NASDAQ:COIN)

CRCL Stock Drops 6% After Hours Even As Circle CEO Doubles Down On 'Big-Tent' Crypto Strategy, Backs Coinbase-Shopify Deal - Coinbase Global (NASDAQ:COIN)

Circle Internet Group Inc. (NYSE:CRCL) CEO Jeremy Allaire supported Coinbase Global Inc.’s (NASDAQ:COIN) partnership with Shopify Inc. (NASDAQ:SHOP) on Tuesday, emphasizing the company’s broad-minded approach to the evolving stablecoin payment landscape. CRCL is feeling the pressure from bearish momentum. See the market dynamics here. A ‘Valuable’ Step Toward Increasing Stablecoin Adoption During the company’s second-quarter earnings call, Allai…