Nov. 13 at 3:30 AM
$CRCL Ms. Wood sees value here and bought
$30.5M worth of CRCL for
$ARKK and
$ARKW.
When the company impresses by exceeding earnings, revenue, USDC growth, and raises guidance with 40% annual growth for next few years but stock diverges and tanks, you have a golden opportunity to buy the deep discount.
People only think of USDC, but they are building a global network that will seemlessly integrate legacy banking system to new crypto network for all sorts of transactions such as transfers, POS/online payments like banks and credit cards across country, businesses, and individuals instantly for a fraction of the legacy bank and credit card systems. And CRCL will eventually get a small transaction fees from nearly several billion transactions a day. This is the bigger potential for Circle.
During CC today, they mentioned that first successful fully trusted stable coin company to set this up will take biggest piece of the pie and CRCL is the clear leader at this point.
