r/CRCL_Stock

Bullish on CRCL, ETH, DeFi, but...

Banks are among the most powerful institutions in the US, and a 4-5% yield on a blockchain-based wallet would be a serious threat to the traditional system. That kind of incentive could drive meaningful adoption: more people moving funds on-chain, more merchants accepting crypto, more bills paid in digital assets. We already see early signals of this with PayPal.

But that's exactly why it won't get approved. Politicians answer to money, and that money flows through traditional finance. The banks aren't going to greenlight something that cannibalizes their core business model.

In terms of what this means price action rise for CRCL, the stock can still grow long-term on its own fundamentals. It doesn't need passive yield to be a viable business. Stable coins already have their utility in large cross-border payments But be very cautious around speculation tied to the GENIUS Act or similar legislation. This has all the hallmarks of a classic buy the rumor, sell the news setup. If and when the bill passes or fails, expect volatility either way.

What would you rate as the likelihood of the distribution agreement with Coinbase ending in the next 10 years and Circle keeping vast majority of the revenue?