$Circle Internet Corp.(CRCL)$ It's interesting how CRCL still trades in sync with BTC, given that USDC has almost opposite characteristics and use cases as a secure, instant payment method (with some form of yield, pending the Clarity Act). The growth in USDC usage for online commerce and international settlements has been explosive this year, accelerating monthly. If anything, potential Fed rate hikes could be a net positive for CRCL's bottom line compared to most other fintechs. Whether the Clarity Act passes this month or next year, CRCL already has a strong competitive moat in the stablecoin payments space. Their development of similar stablecoin offerings beyond just USDC should open up further growth opportunities in markets outside the US. I'm long and with a strong position. DYODD.
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