The author argues that Circle stock will likely rebound above $100 as Arc, USDC supply and bond yields rise. Arc's total value locked is nearing $500 million after its launch last week. Circle's USDC supply has risen above $75 billion. The three-month Treasury bill yield is 4.14%, its highest level since August 29.
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Analysis: Circle stock eyes rebound above $100 as Arc, USDC and bond yields rise