// Circle Internet Group; nmmobile789 / Depositphotos
Circle cryptocurrency company is being valued on Wall Street as if it were the next big technological novelty. Your business model is peculiar: it gives a dollar into a dollar – and you have interest.
Something strange is happening on Wall Street. It’s not Elon Musk, Ia, or a bizarre post from Donald Trump, says Gizmodo.
It is a cryptocurrency company called, which is making the market feel as if the glorious days of Bubble of “dot.com” had returned.
Circle entered the stock market earlier this month, June 5. In only eleven negotiation sessions, their actions registered a Untial climb of 675%adding over 37 billion euros to its market capitalization.
The company now has a evaluation that puts it on the same level that technological unicorns and Lunar AI projects.
There is only one problem. Circle does not have a revolutionary AI; does not build elegant gadgets for consumers; He did not invent a new battery or discovered the secret of nuclear fusion; Basically, it does nothing.
Your business model is shockingly simple: someone Give Circle a dollarand receives in return a digital token, called USDCin the value of that same dolar. The circal takes the real dollar, invests it in something safe As short -term treasure obligations, and interest.
The person gets the token. The crumble is profit. It’s all.
Some critics consider that the Internet Group circle is little more than a “Money wrapping” glorified. So why is Wall Street treating the company as if it were the next Tesla?
The answer is a word: stablecoin. USDC is a stablecoin, a digital token indexed to a stable asset – In this case, the US dollar.
The idea is that for each USDC token, There is a real dollar in a reserve account. This makes it incredibly useful for cryptocurrency traders who need speed of digital assets without volatility Wild of Bitcoins.
Investors in Wall Street seem to be betting that Stablecoins are about to become mainstream.
Recently, the US Senate approves the “Genius Act“, Historical legislation that opens the way to which banks and fintechs like PayPaland even retailers like Walmart and Amazon, Use stablecoins for payments.
Suddenly, the Gizmodo says, the dream of cryptocurrencies become a real alternative to Visa or Mastercard seems to be within reach.
The citigroup that the Stablecoins market can reach 3.3 billion euros By 2030. In this scenario, Circle, as a neutral platform not linked to any specific bank, is perfectly positioned to collect considerable profits.
But there is one if not. This business model,. That looks brilliant in a high interest rate environment, is also its greatest weakness. If the federal reserve cut off the rates, Circle’s main source of revenue shrinks.
“Circle’s whole business is literally glued to Fed policy“Wrote one user in a viral publication in Reddit.“ This is in practice a ETF from the disguised treasure“.
Also There is nothing that prevents larger companies to launch their own similar stablecoins, erasing the advantage of Circle’s differentiating offer overnight.
And yet, Wall Street is investing as if it were the next OpenAi. What if regulators change their minds? The whole model could be at risk. The business is remarkably fragile.
For now, Circle Fashion has taken – and its actions are still high, fueled by the promise of a future where we all pay coffee with digital euros.
But under the surface, this singular company, valued at 44 billion euros, It does not innovate, it does not revolutionize or disturb. Just keep moneygives a digital receipt, and gets interest.
And in the bizarre world of the 2025 finances, this is apparently enough to be crowned New Queen of Wall Street.