But Bin: Already Established Position in Circle, Stock Price Expected to See a New Round of Growth

BlockBeats News, May 5th - Renowned investor and Chairman of Shenzhen Oriental Harbor Investment Management Co., Ltd., Daniel But, posted on social media that, "Based on a researcher's recommendation, I have positioned myself in a small amount of Circle Internet Group (CRCL.US). CRCL saw a significant surge on Monday, becoming one of the standout performers in the U.S. stock market that day.

The key catalyst for this surge was a crucial development in the United States' Clear Law Act. The Senate reached a compromise on stablecoin regulatory provisions, resolving the core differences in the bill, completely dissipating the long-standing regulatory uncertainty in the industry, and opening up long-term growth opportunities for compliance-focused stablecoin leaders like Circle. The market generally expects that with the implementation of the regulatory framework, USDC's compliance advantage will be further strengthened. In emerging scenarios such as cross-border payments and AI-powered trading, market share is expected to continue to rise.

On the fundamental front, Circle's core business is entering a period of explosive growth. The circulation of USDC issued has exceeded $79 billion, hitting a historic high. With it, interest income from reserve assets has experienced significant growth, the company's profit expectations for the first quarter of 2026 are clear, and performance fundamentals continue to solidify. Meanwhile, a new industry narrative of AI + stablecoins is emerging, with USDC as the on-chain transaction base currency undergoing a comprehensive value upgrade. The market continues to advance its valuation reshaping process from 'crypto cyclical stocks' to 'Web3 + AI infrastructure targets.'

Additionally, the cryptocurrency market sentiment has fully recovered, providing further momentum for stock price gains. Bitcoin once broke through the $80,000 mark, leading a collective rally in crypto concept stocks. Market liquidity and risk appetite have significantly increased, funds are rapidly entering the market, and CRCL, as a core target in the race track, is favored by capital. Subsequently, attention should be focused on two key milestones. Firstly, the first-quarter financial report data released on May 11th to verify performance realization, and secondly, the pace of stablecoin legislation. If regulatory and fundamental logic continue to materialize, CRCL is expected to undergo a new round of valuation growth."