$CRCL I heavily bought a bit of circle.
Circle has always relied on interest growth, with a single income structure. But this time, with Arc in the loop, it took the first step toward non-interest income!
Next, focus on three things,
1. The USDC balance on Arc
2. The actual settlement amount on Arc
3. Review a few quarterly reports to see whether it has gotten rid of reliance on a single interest rate
If Circle can transition from a stablecoin issuer into an on-chain financial infrastructure company, I dare not even imagine how high it could go.
Circle has always relied on interest growth, with a single income structure. But this time, with Arc in the loop, it took the first step toward non-interest income!
Next, focus on three things,
1. The USDC balance on Arc
2. The actual settlement amount on Arc
3. Review a few quarterly reports to see whether it has gotten rid of reliance on a single interest rate
If Circle can transition from a stablecoin issuer into an on-chain financial infrastructure company, I dare not even imagine how high it could go.