Circle just hit a $59B mcap ATH & there's an interesting connection to @SeiNetwork that most people missed👇
According to Circle's IPO filing, they hold more $SEI tokens than any other digital asset on their balance sheet (It's their largest token holding by quantity)
Circle understands something the market is still figuring out. Stablecoin issuers need efficient settlement infra & @SeiNetwork was built specifically for faster transaction execution optimized for TradFi & stablecoin operations.
Circle's IPO coincides with the Senate approval of the GENIUS Act for stablecoins.
Regulatory clarity + institutional backing creates a foundation of growth for @SeiNetwork
$SEI has been performing really good in the recent times.
Sei
@SeiNetwork
06-24
Congratulations on the incredibly successful IPO of one of the biggest investors in $SEI, Circle, which hit a market high of $59B today on the heels of Senate approval of the GENIUS act for stablecoins.
Stablecoin issuers like Circle are starting to recognize Sei technology as a
This puts the puzzle pieces together.
@SeiNetwork is not just a fast chain - it’s strategically aligned with where stablecoin regulation and usage are heading.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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