🚀 Circle's $1B cash reserve is ready to battle new stablecoin competitors like PayPal! 💪 CEO Jeremy Allaire welcomes the challenge, saying it'll drive more companies into the field. 🌐 Despite a declining market share, Circle's 2023 H1 revenue hit $779M, surpassing 2022's total. 😲 Let's discuss: Will Circle's war chest help them stay ahead in the stablecoin race? 🤔💬 #cryptocurrency #stablecoin #Circle #USDC