Opinion: Circle has dropped 30%, why am I not in a rush to buy the dip (Author: RubyWang)


If you are willing to buy into the narratives of Agentic payment, Arc public chain, and CPN network, you can believe that Circle is worth 110-120+
Based solely on current revenue analysis, the market has already priced in Circle's platform narrative pricing;
Emerging stablecoins (USD1, USDS, etc.) now account for about 15% of the market share, with the duopoly's total market being eroded,
Circle's share hasn't been lost, but it hasn't gained additional volume either;
Stripe's acquisition of Bridge and Privy, Tempo's mainnet launch, MPP protocol implementation,
If it goes public, the scarcity of Circle's "first stablecoin stock" will be diminished.
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USDS0,11%
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