Opinion: Circle is down 30%, why I’m not rushing to buy the dip (Author: RubyWang) If you’re willing to pay for the narratives of Agentic payment, Arc public chain, and the CPN network, you might believe Circle is worth 110-120+. From a revenue analysis perspective, the market has already priced in Circle’s platform narrative. Emerging stablecoins (USD1, USDS, etc.) now account for about 15% of the market share. The total pie of the duopoly is being eroded—Circle hasn’t lost its share, but it hasn’t gained any new ground either. With Stripe acquiring Bridge and Privy, Tempo mainnet going live, and the MPP protocol being implemented, if Circle goes public, the scarcity of being the “first stablecoin stock” will be diminished. Read the full article: https://(wublock123.com)/articles/circle-down-30-percent-why-im-not-buying-the-dip-58824