---
title: "$Circle(CRCL.US)Erect a monument in memoryCircle (CRCL) Core Intelligence Summary"Interest Swap "
description: "$Circle(CRCL.US)Erect a monument in memoryCircle (CRCL) Core Intelligence Summary"Interest Swap Period" of Artificial Suppression:The recent 10% extremely high daily turnover rate and sharp de"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/38530234.md"
published_at: "2026-02-05T20:13:37.000Z"
author: "[海拔高](https://longbridge.com/en/profiles/14765722)"
---

# $Circle(CRCL.US)Erect a monument in memoryCircle (CRCL) Core Intelligence Summary"Interest Swap 

$Circle(CRCL.US)Erect a monument in memory

Circle (CRCL) Core Intelligence Summary

"Interest Swap Period" of Artificial Suppression:

The recent 10% extremely high daily turnover rate and sharp decline are extremely divergent, reflecting that early venture capital (VC) is retreating at high levels, while strategic financial institutions (such as Japan's Mitsubishi and Mitsui) are completing low-level accumulation and interest binding in the $50 - $60 range by suppressing prices.

CEO Shows His "Bottom Card":

CEO Jeremy Allaire chose to "pay taxes and keep positions" rather than cash out above $60, and the current stock price has fallen below his tax cost. He holds 16 million Class B locked shares, and his personal interests are highly bound to the company's long-term value, rather than short-term exits.

From "Living on Interest" to "Rent Collection Infrastructure":

The company is in the throes of transformation, shifting its business focus from relying on interest income to fee income from the Arc chain and payment protocols (SaaS-ization). The growth rate of "non-interest income" in the February 25 earnings report will be the life-and-death line determining whether it can return above $120.

$30 - $50 is the Valuation Moat:

Although many new stocks have broken their issue prices, Circle has extremely high cash flow and a monopoly position in global dollar stablecoins. The $31 (issue price) to $50 range is not only a psychological floor but also the bottom line of liquidation value, with a strong margin of safety.

Decisive Earnings Report, Bet It Won't Go Under:

Since there are no major flaws in fundamentals, endorsements, leadership, and customer trust, the current plunge is more like a psychological hunt targeting high-level retail investors. If you think it will go under, please cut your losses now!

### Related Stocks

- [CRCL.US - Circle](https://longbridge.com/en/quote/CRCL.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.