$Circle Internet Corp.(CRCL)$  $Strategy(MSTR)$ $Coinbase Global, Inc.(COIN)$ BTC.X$Robinhood(HOOD)$ Crypto friendly stocks are seeing some gains.

The SEC has granted a 5-year exemption for tokenized stock trading in the US. The Commission approved a temporary, conditional exemption called the Innovation Exemption, which allows limited trading of tokenized NMS stocks on certain onchain venues referred to as Tokenized Securities Venues, or TSVs. The goal here is to give the Commission a chance to better understand how these venues operate before shaping future policy. US investors can now trade real tokenized equities onchain through qualifying venues, and this opens a path toward 24/7 US stock trading with onchain settlement. $Robinhood(HOOD)$  $Charles Schwab(SCHW)$  $Morgan Stanley(MS)$ 

$Circle Internet Corp.(CRCL)$ CRCL is down with the broader market, but the underlying business has shifted in a pretty meaningful way. A 25 bp rate hike adds roughly $185M of annualized gross reserve income at the current USDC base. Another 25 bp hike would put the combined tailwind around $370M annually. I suspect it won't be long before the narrative moves from "higher rates hurt markets" to what higher for longer rates actually mean for Circle's bottom line. And unlike the last rate cycle, Circle now has Arc starting to build a new transaction and infrastructure driven revenue engine alongside reserve income. Higher reserve revenue now. New Arc economics developing going forward. The business is evolving even while the stock trades with t

$Circle Internet Corp.(CRCL)$ It should pop. Right now it keeps 100% of the interest generated by the cash backing USDC. It should fly to 143 maybe this year, and if not then 273 next.

$Circle Internet Corp.(CRCL)$  If it drops further, $75 is probably the floor. $130 is achievable within 2 months. Worth revisiting.

$Circle Internet Corp.(CRCL)$ Huge October call buyer into today's weakness.

$Circle Internet Corp.(CRCL)$  Looks like our politicians are never going to work together on this. I sold at breakeven. I'll look for a reentry once the dust settles. Still holding WDAY and I added to my CRWV position. Hoping the Fed doesn't hurt us here.

$Circle Internet Corp.(CRCL)$ Bought a few more shares. I think we could be back to $100 before too long. Keeping some cash ready for pullbacks like this seems reasonable.

$Circle Internet Corp.(CRCL)$ The CLARITY Act is turning into a real market catalyst. Bitcoin pulled back as uncertainty around the Senate vote increased, while Cathie Wood's ARK was also trimming exposure to names like $Coinbase Global, Inc.(COIN)$  and CRCL. But this is bigger than Bitcoin. The market is waiting for one thing: regulatory clarity that can unlock the next wave of institutional digital-asset infrastructure. That is exactly where I keep watching AXG. AXG is building around digital assets, AI infrastructure, tokenization and regulated financial services - the kind of infrastructure that becomes increasingly relevant as the U.S. moves toward clearer crypto rules. If CLARITY advances

$Circle Internet Corp.(CRCL)$ The dollar is done, way down from here. But everyone here already knows they will reset the global monetary system, since the dollar's true value is less than my toilet paper. That's why gold rallied, and the next system will be a crypto.

$Circle Internet Corp.(CRCL)$ The clarity miss looks priced in at this point. The Arc launch is coming up, and the bears can make whatever noise they want today, but it won't change where things are headed.

$Circle Internet Corp.(CRCL)$  Grabbing this with both hands. There's a block of 200 and I'm buying. Still down 7.5 percent here. The price just seems disconnected from reality.

$Circle Internet Corp.(CRCL)$ I ran through the full value picture here. The assumption is that Circle ends up taking over the euro exchange market. The hidden value is somewhere near $1 trillion.

$Circle Internet Corp.(CRCL)$  Year high at $159. A short squeeze could push it there, who knows. No leverage, happy to wait.

$Circle Internet Corp.(CRCL)$ I think Kathy Wood took a large stake in this company from above 100, so I'm comfortable picking some up. Robinhood might need to buy back all the loaned retail shares.

$Circle Internet Corp.(CRCL)$ Circle Arc Mainnet is set to launch on Sept. 16. Arc is positioned as a USDC-native Layer 1 built for payments, FX, RWAs, DeFi, and institutional finance. With USDC as gas, EVM compatibility, and sub-second finality, it is entering a competitive market alongside Ethereum and Solana. If Arc gains traction as a major USDC settlement layer, CRCL could be a major beneficiary. I'm bullish on CRCL.

$Circle Internet Corp.(CRCL)$  It seems like the clarity bill is going to pass. Both Democrats and Republicans want to be able to say they voted for it.

$Circle Internet Corp.(CRCL)$ Circle added BlackRock, DTCC, Visa, and Mastercard to the validator list for Arc, live September 16. USDC supply is up 19% while revenue grew only 7%. Revenue usually lags reserves, so rising supply is the earlier read than this quarter's print. Chart: price is off the $88.43 pivot and testing $99.61. Reclaim that and $110.78 is next, then $150+ as the extended area. A break below $84.25 flips the structure. Long. Market insight, not advice.

$Circle Internet Corp.(CRCL)$  There were at least 6 shakeout attempts today. It looks like this is about to move. $94.20, and if $99 breaks, higher levels are possible.

$Circle Internet Corp.(CRCL)$ Arc is not just another blockchain. Circle is building the infrastructure for a world where money moves as freely as information. Instant settlement, global reach, programmable money, AI agents transacting on their own. If Circle built the digital dollar, Arc could end up building the economy that runs on it. The internet connected the world, and Arc could help connect its money.