川沐|Trumoo🐮|Sep 17, 2026 06:41
A bunch of people online are roasting Circle because the Arc chain livestream video featured several Indians. While it's true that India's reputation isn't great, the Fed raised interest rates yesterday and hinted at another hike next time. This should be a huge positive for CRCL, which mainly deals in stablecoin business—more interest income to grab.
Yesterday, it was inexplicably sold off and dropped, but logically, rate hikes should lead to a big rally.
That crypto bill not passing is actually a good thing. One congressman even roasted Trump, saying his family made more money from crypto than the biggest publicly listed crypto company. This bill essentially legalizes these politicians' crypto profiteering, but it has major loopholes, so they voted against it—not because these lawmakers oppose stablecoins or crypto.
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