From a macro perspective, $Circle(CRCL.US) actually represents the trend of dollar digitization. USDC is essentially an on-chain dollar, and if the financial system gradually accepts stablecoins in the future, its role may be similar to that of the early Visa network. However, the risks are also obvious: regulatory policies could change the business model at any time. Many people only look at the cryptocurrency market, but ignore its position in the traditional financial system, which may be the key to determining its long-term valuation.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
