CRCL (CRCL)

$CRCL back above $60, a few thoughts: 1. CRCL is like Tesla, stablecoin compliance is like open source. After open sourcing, anyone can make electric cars, but it’s best for Tesla, because only then people develop a habit of using EVs, the whole market grows faster, and in a larger market each person finds their niche and takes a piece—some focus on large TV sofas, others on FSD. 2. Even the best projects shouldn’t be all‑in—what matters is not how you view it, but how the market views it. 3. Moats have to be built; whether you can overcome them is only known by walking the path—but they must be built. I think challenging USDC is not easy. 4. Value investing relies on holding, but why is holding hard? Because various challenges and uncertainties always arise. 5. The level of skill in investing is about how you think and act in the toughest times—everyone must own the cost of their choices. 6. CRCL faces three future challenges: 1) New stablecoins will keep emerging, some targeting the B‑side, some from investment banks; in the open market, USDC remains the largest compliant player. 2) CB’s revenue share will persist long‑term—if CB wants to push new ones, that’s better; renegotiate agreements. If not, you keep helping expand USDC’s share and get a cut. 3) The ultimate benefit will be how much compliant B‑side USDC can capture—but we should assume it won’t capture much; the main focus is the C‑side and open market, which currently is hard to rely on in crypto, followed by trading and prediction markets. The most important variable for growth is which stablecoin will be used for compliant US‑stock on‑chain solutions; theoretically none is mandated—USD1 could be used—but ultimately it depends on user choice. This is a mid‑term variable worth watching.

$CRCL (per request) Pretty nasty breakdown and in full bear trend for now. Heavy seller volume. Could try and bounce at this support but not a good look and risky to knife catch after a candle like today's https://t.co/CWqVkeRMbG

$CRCL down 15% on the session following OUSD announcement. Wild. https://t.co/s4ej3vFH0i

$CRCL Either we are close to a bottom here or generationally cooked. Let’s see.

CRCL is really embarrassed this time, three major plunge reasons First punch: Open USD alliance (kill logic) 140 traditional finance and tech giants (Visa, Mastercard, Stripe, BlackRock, Bank of New York Mellon, Alphabet, and even Circle’s core distribution partner Coinbase) jointly launch the Open USD stablecoin, shaking the moat and business logic. Open USD’s killing move is zero-fee mint‑burn, and all reserve earnings (after a modest management fee) are distributed to ecosystem nodes. This means Circle’s survival model of earning interest on reserves is directly undercut by an alliance with a stronger distribution network using subsidy competition. Second punch: Mechanical sell pressure from the Russell index’s annual rebalancing (capital kill) CRCL was simultaneously removed from five major Russell growth indices. Passive ETFs and mutual funds must liquidate with market orders during the closing auction on the effective date, a mechanical sell‑off that ignores fundamentals and costs. Third punch: Bitcoin’s plunge, affected by the crypto bear market (valuation and sentiment kill) Crypto market panic spreads indiscriminately to all crypto‑related stocks. Bitcoin ETFs saw a historic net outflow of over $6 billion in a single month.

Today, the news of OpenUSD's upcoming launch caused Circle $CRCL to drop by $2.7 B! So what is OpenUSD? 👇 1. OpenUSD (oUSD) is a new stablecoin launched by the Open Standard Alliance, whose members include Visa, Mastercard, Coinbase, BlackRock, Stripe, etc. 2. The driving forces behind oUSD are probably Stripe and Bridge, because i) The CEO of Open Standard is Zach Abrams, who is also the co‑founder and CEO of Bridge. ii) Bridge is a stablecoin project acquired by Stripe, originally meant for issuing stablecoins, so issuing oUSD now makes sense. 3. Why will oUSD definitely be powerful? Reserve earnings sharing Traditional stablecoin issuers derive core profit from reserve asset yields, mainly U.S. Treasury interest. Tether, the issuer of USDT, earns $10 billion a year from interest. oUSD will share reserve earnings with ecosystem partners; the more you distribute, the more interest you receive; the issuer only takes a portion as a management fee. This incentivizes companies to distribute oUSD, keeping the ecosystem alive. Positive: Stripe (private) Negative: $CRCL oUSD will first launch on Base and Solana chains, you can follow the related assets.

Capitulation day on Circle $CRCL with Visa / Stripe / Mastercard launching their own stablecoin. Perfect announcement when from a TA perspective we now have: - gap closed from initial impulse move - selling on declining volume = signs of exhaustion - Inverted hammer at the end of a corrective pattern - sentiment in the gutter I like the setup here @AlemzadehC @TheProfInvestor @cantonmeow @Freedom_By_40

$CRCL -13% as Stripe, Coinbase and Blackrock back rival stablecoin "Open USD" https://t.co/bUC4wcPCva