Now is not the time to buy CRCL 4pillars.io/ko/issues/crcl-is-... Circle has a business structure where 96% of its revenue depends on interest income. As the supply of USDC grows rapidly, the revenue composition becomes even more dependent on interest rates. If Tether narrows the transparency gap, Circle's institutional moat, which positions it as the “only trustworthy stablecoin,” will inevitably become structurally thin.
This article is machine translated
Show original
Telegram
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.
Like
Add to Favorites
Comments
Share
Relevant content
