r/CRCL_Stock

No longer can they make money by being a parasitic middleman, OUSD solves all.

now you know, and you hate it too

Not only do I bag hold BMNR but also CRCL. The latest headline kicking CRCL down 15% is an announcement of a new stable coin consortium, Open USD, composed of VISA, Stripe, Blackrock, Coinbase & BNY (total of 140 companies) issuing a new stable coin later this year. CRCLE already has a strong presence with a huge list Cash App, Intuit, Visa, JPMorgan, Mastercard, Deel, Gusto, Interactive Brokers, Polymarket, and tons of fintechs, banks, and payment firms.

With so many stable coin players, with trillions in assets, don’t you think that is serious pressure on the Senate to get bipartisan support like in the house to pass it!? We all know, like Nancy, these wonderful people like to make money as much as we do! Polymarket hasn’t changed but polymarket itself also benefits from the clarity act passing! My simple observation.

This is a stock I’ve taken a beating on…and nothings really changed; yet, I continue to hold and even buy a dip here and there.

Let’s crowdsource all the good reasons to like this stock. I’ll go first:

1. USDC is backed by the American dollar and digital settlements using it are measured in the tens of trillions.

2. Who’s next?