📈Circle is going public, understand Circle's fundamentals in one chart!

Circle's IPO is too hot; looking at the investment bank's numbers feels like a shot of adrenaline,

Now investment banks are already projecting a 60% compound growth rate for stablecoins in the coming years.

But don't forget—previous growth was a wild, unmonitored expansion without GENIUS; Goldman Sachs never counted or monitored this, and actually, it's not up to investment banks to monitor. A new era has arrived, and investment banks are starting to paint a rosy picture.

💸 If we benchmark against Tether's profits, this pricing does seem cheap. But Tether relies on its gray market fundamentals, which yield high profits; Circle is relying on cutting prices to capture market share, which may face:

A surge in stock prices upon listing, followed by a decline as profits can't be released.

📌 It feels like the entire crypto market's sentiment is about to be stirred up; another wave of harvesting is coming.

💬 So, are you getting on board? Let’s discuss in the comments

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